Friday, October 3, 2014

Duke Energy Florida required to provide customers with 54 million dollar rebate

Duke Energy customers will soon see a small drop in their electric bills.
Duke Energy Florida is Florida’s second largest investor-owned utility and serves 1.7 million customers.
The Florida Public Service Commission on Thursday ordered that a credit be given to Duke Energy customers for $54 million dollars in equipment that was never received for the Levy Nuclear Power Plant Project. 
The Levy plant is one of two projects that never came to fruition but ratepayers still paid for it.
Duke is suing a contractor from the Levy project for $54 million alleging they failed to deliver nuclear components.
Duke Energy said it would return the money to ratepayers only if they win the lawsuit.
The Public Service Commission on Thursday said they don’t feel customers should have to wait.
Customers should see the removal of the $3.45 a month charge that was agreed to in order to recover remaining costs associated with the Power Plant project.
Because of the credit approved this week, the charge will now be removed much earlier than was anticipated.

The Public Service Commission said this is the right decision to make for Duke’s ratepayers who have carried a significant financial load without the benefit they thought they would receive. 

http://live.oysterradio.com/

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