In all, Duke Energy Florida would collect about $1.09 billion, while Tampa Electric is seeking to recover $463.6 million.
While most Floridians enjoyed time off over the holidays, the folks at the state’s monopoly utilities — Florida Power & Light, Duke and Tampa Electric — were busy playing Scrooge.
Lights and more importantly heat was on in Northeast Florida homes as the biggest impact of a winter storm was further north in Georgia.
A polar vortex that has hit much of the U.S. with ice and snow has dealt a glancing blow to Florida, dropping coastal temperatures and causing the Sunshine State’s manatee population, still recovering from a mass starvation event several years ago,
Further north, Florida Power & Light was working to restore power to 601 customers in Nassau County, or less than 2% of its customers in Nassau. While snow bypassed most of Northeast Florida ...
While Duke and Tampa Electric would start collecting the money in March, they would ultimately have to justify all of the storm-related expenses and refund any excess amounts of money they collect.
According to an Associated Press report, the manatees are amassing around Florida Power & Light Company’s plant in Riviera Beach, where the company opened the manatee-focused attraction Manatee Lagoon eight years ago. Thus, the manatees are finding some salvation during a chilly spell in the Sunshine State.
The satellite-tagged croc that became an internet sensation known as the " Melbourne Beach crocodile " lit up social media with his back-and-forth sightings in Brevard County, Florida. He was among 15 satellite-tagged crocs lending new insights into how these top predators adapt to city life.
The storm-related costs would add $31.18 to the monthly bills of such Duke customers — though Duke said last month it expects the customers would see an actual increase of about $21 a month because of decreases in other costs.
Embraer Executive Jets in Melbourne, Florida, is working with Florida Power & Light Company (FPL) to expand its use of renewable energy at its U.S. facilities with an onsite solar installation at the campus. Embraer says the initiative is its first and largest onsite solar energy generation project...
NextEra Energy, Inc. (NYSE:NEE), a leading company in the utilities and renewables sector, has been navigating a complex landscape of opportunities and challenges. According to InvestingPro data, NEE maintains a "GOOD" overall financial health score of 2.
Staff members of the Florida Public Service Commission recommended proposals that would add about $21 a month for Duke customers and $30 for TECO customers starting in March.