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FPL Asking State For Another Rate Increase

FPL Asking State For Another Rate Increase
Posted August 3rd, 2014 @ 7:00am

JUNO BEACH, Fla. (AP) _ Florida Power & Light Co. is asking the state to allow it to charge customers for costs related to two proposed nuclear reactors.

It's the seventh straight year FPL is making such a request to the Florida Public Service Commission.

Under the proposal going before regulators, FPL is asking to pass $14.3 million in planning costs next year for the proposed reactors at its Turkey Point plant south of Miami. That would translate to 15 cents a month for the typical 1,000-kilowatt-hour residential bill. By the end of 2013, The Palm Beach Post reports FPL customers will have paid more than $227 million in planning costs for the new reactors. 

The federal Nuclear Regulatory Commission has still not given the project the go-ahead.

(Photo: Joe Raedle / 2002 Getty Images)

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