Unexpected price increases for natural gas during the past winter heating season have stimulated action by state regulators across the country. Most recently, North Carolina and New Mexico have...
Florida Rejects Electric Discount Plan
The Florida Public Service Commission (PSC) has rejected a proposal by Gulf Power Co. to offer negotiated contracts to large, "at-risk" customers that would otherwise leave the system to find power from another source. It also questioned the way the company would set a proposed price floor for contract negotiations that was based on incremental costs.
The PSC said the proposed procedures for identifying qualifying "at-risk load" were "too scant to evaluate." As for the price floor, it criticized Gulf Power's reliance on system values rather than customer-specific incremental cost, and questioned whether the company could ensure accurate measurement of the incremental cost of serving the qualifying group of customers. 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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