Bill tightening utilities regulation clears Florida House

transmission tower large elp

TALLAHASSEE, Fla. (AP) — The panel that sets electric rates in Florida would face tighter regulations under a bill that passed the Florida House.

The bill would set a 12-year term limit for members of the Florida Public Service Commission, who are appointed by the governor, and require them to take ethics training.

The bill passed Wednesday would also limit service deposits power companies can require and prohibit them from changing billing cycles to push customers into higher rate categories.

It also authorizes Duke Power to borrow money to pay the cost of closing down the Crystal River nuclear plant.

The bill passed despite criticism that it's not enough to end what some legislators say is the panel's too-cozy relationship with big power companies. Some have recommended returning to electing Public Service Commission members.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs