TALLAHASSEE, Florida — Public Counsel Walt Trierweiler said Thursday approving a proposed settlement in Florida Power & Light’s rate case “would be in violation of several bedrock regulatory principles.”
Details: In a letter sent to the Public Service Commission, Trierweiler said the settlement proposal was “submitted by a minority coalition of very large customers to secure specific benefits for their own special interests.”
He said that, “over the next few months,” his office will challenge “all aspects” of the original $2.5 billion rate hike request filed in February in addition to the settlement proposal.
“The self-interested ‘settling parties’ that crafted FPL’s minority proposal do not represent the vast majority of FPL’s customers and cannot make them pay excessive rates for the majority of FPL’s energy sales,” Trierweiler wrote.
