TALLAHASSEE – Point out regulators Tuesday authorized a settlement that will direct to Florida Electrical power & Light providing a $5 million credit rating to prospects in a scenario involving what are recognised as “replacement” electric power charges mainly because of outages at nuclear vegetation.
The Florida General public Company Fee signed off on the settlement arrived at by FPL and the condition Workplace of General public Counsel, which signifies buyers in utility challenges. It stems from unplanned outages from 2020 to 2022 at FPL’s Turkey Issue and St. Lucie nuclear crops.
In addition to furnishing a $5 million credit, Public Counsel Walt Trierweiler reported the settlement will reward customers since of improvements to the effectiveness of nuclear plants.
“The end result is a acquire-earn for the prospects and the utility,” he said.
