PSC Staff Backs Gulf Power Hurricane Michael Storm Restoration Hike

May 7, 2019

Florida Public Service Commission staff members are recommending the approval of Gulf Power plan to collect money from every customer to pay for Hurricane Michael recovery.

The commission will hear the $342 million request next week to start collecting the costs in July; the utility had first asked the PSC for permission to start collecting the costs in April.

The increase amounts to about $8 a month for a residential customer using 1,000 kilowatt hours a month of electricity, which the company said would still make the average customer’s bill lower than the January 2018. Commercial and industrial customers will see bills increase by 3 to 8 percent depending on their rate plan.

“Hurricane Michael was the most destructive hurricane to ever hit Northwest Florida, with Panama City and the surrounding areas of Bay County nearly destroyed, including critical infrastructure and the energy grid that serves our customers,” said Gulf Power President Marlene Santos is a recent news release.. “We know that many of our customers continue to face challenges due to the aftermath of Hurricane Michael and we have worked hard to propose a plan to the Florida Public Service Commission that takes this into account and supports our ability to continue to serve them with reliable service now and into the future.”

Photos for NorthEscambia.com, click to enlarge.

Comments

5 Responses to “PSC Staff Backs Gulf Power Hurricane Michael Storm Restoration Hike”

  1. MR REALITY on May 8th, 2019 10:49 pm

    So just who does the PSC work for AND have they ever said NO to an increase? the PSC should just be abolished.

  2. economist on May 8th, 2019 6:53 pm

    gee, i guess when NW florida had a chance to upgrade their hurricane building standards after that monster hurricane decimated MIAMI and south florida, didn’t feel that they needed it since the politicians here said “oh the vast amount of trees and forest will absorb the impact of hurricanes so we have no need to upgrade”…were sooo wrong and without any sort of scientific bases. we knew the damage it could cost but the governments up here did not make any sort of assessment for it?

  3. JD on May 8th, 2019 12:25 pm

    What a joke this is……
    The rich are getting richer and the poor are getting poorer.
    Why don’t we charge this to the million dollar insurance companies.
    I guess because they have the $$$ to stuff the PSC pockets so they vote
    they want them to. So sad :-(

  4. nod on May 8th, 2019 5:26 am

    Maybe the Gulf Power stockholders should take a little bit of a loss for a change. I just don’t understand guaranteeing them a return on their Investments. Sometimes maybe they should take a loss their gambling too. Didn’t Gulf Power know that a hurricane something like Michael might hit before they made the 2018 January Cuts how dumb are they ? Smart people set aside money for these type of emergencies they don’t go out and tax people after the fact.

  5. JLSeale on May 7th, 2019 9:06 am

    We see who the PSC is in bed with……………
    and not helping the people who its so suppose.