Utility regulators approve hurricane recovery refund

Florida Gov. Ron DeSantis arrives for a press conference about Hurricane Milton at the Florida Agriculture Center and Horse Park in Ocala on Oct. 8, 2024. [Bruce Ackerman/Ocala Gazette file photo]
Florida Power & Light customers will receive about $80 million in refunds stemming from charges imposed for storm restoration work from the 2024 hurricane season, state regulators determined on July 7. The Public Service Commission approved the refund, which will result in a one-month reduction in base rates to reflect any “revenue over-recovery” charges from […]

