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Florida Rejects Discount Rate Proposal

Fortnightly Magazine - October 15 1996

The Florida Public Service Commission (PSC) has rejected Gulf Power Co.'s proposal to offer negotiated contracts to large customers that would otherwise procure power from another source. The utility had proposed using incremental cost as the price floor for its negotiations, but the PSC found the procedures for administering the tariff "insufficient to justify a departure from offering electric service based on standard tariffed rates." Re Gulf Power Co., Dkt. No. 951161-EI, Order No. PSC-96-0845-FOF-EI, July 2, 1996 (Fla.P.S.C.).

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