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NEWS RELEASE


08/25/2015 Contact: 850-413-6482

PSC to Consider Proposed Settlement on FPL’s Cedar Bay Purchase and Sale Agreement


TALLAHASSEE — The Florida Public Service Commission (PSC) will consider an agreement between the Office of Public Counsel, which represents utility customers in PSC proceedings, and Florida Power & Light Company (FPL) on the company’s proposed purchase of the Cedar Bay generating facility during a Special Commission Conference on Thursday, August 27.

Filed with the Commission on July 24, the proposed Settlement and Stipulation Agreement is intended to relieve FPL customers of the high cost of purchasing power from the coal-fired Cedar Bay plant. PSC Commissioners questioned and heard testimony from witnesses and parties to the case during a hearing in late July.

The Special Commission Conference is set for the following time and location:

Thursday, August 27, 2015
Following the Commission Conference and Internal Affairs Meeting
that begins at 9:30 a.m.

Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

For additional information, visit www.floridapsc.com.

Follow the PSC on Twitter, @floridapsc.



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