ROBERT TRIGAUX, TAMPA BAY TIMES
The first thing we do is pass a truth-in-government law that changes the name of the Florida Public Service Commission to the Florida Utility Suckup Club.
The PSC hearing held in Tallahassee this past week was beyond embarrassing. It was billed as a review and vote on a proposed settlement with Duke Energy Florida to finalize who gets stuck paying for the $5 billion wasted by the company on the broken Crystal River and the proposed-then-canceled Levy County nuclear power plants.
The vote: 4 to 1 in favor of the settlement agreement. Duke Energy’s Florida customers — victims would be a better word — will pay a whopping 64 percent, or $3.2 billion. Duke shareholders will pay just 20 percent, or $1 billion. The rest will be covered by an insurance policy.
This is a terrible precedent.
Customers who are captives of monopoly utilities never should bear the multibillion-dollar cost of screwups by their power company. Read More
Related Story: Two Crist PSC appointees who said no to FPL rate increase get legislative boot
“Pushing lawmakers to reject Crist’s appointees was a priority for Florida’s largest electric utilities, particularly Florida Power & Light and Progress Energy, whose requests for rate increases were rejected by the PSC in January after Klement and Stevens took office.”
Indian River Guardian 
They have been friendly for a long time. We never see these stories in the PJ. I wonder why that is?
that is why I believe in, if possible. derugalion of them. all grids are interconnected.its been done in texas. this is sad. real sad. that is why vero should be cautious to sell. they will get the sticker shock sooner or later.fpl doesn’t care about you nor I but the almighty dollar. Im not against them making a profit but raping the customers is over the top.