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FILED 2/22/2018 <br />DOCUMENT NO. 01770-2018 <br />FPSC - COMMISSION CLERK <br />BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION CJ <br />1�-� <br />In re: Environmental cost recovery clause. DOCKET NO. 20180007 -El <br />ORDER NO. PSC-2018-0100-FOF-EI <br />ISSUED: February 22, 2018 <br />The following Commissioners participated in the disposition of this matter: <br />ART GRAHAM, Chairman <br />JULIE I. BROWN <br />DONALD J. POLMANN <br />GARY F. CLARK <br />ORDER APPROVING <br />FLORIDA POWER & LIGHT COMPANY'S <br />MID -COURSE CORRECTION TO ITS ENVIRONMENTAL COST RECOVERY <br />FACTORS AND ASSOCIATED TARIFFS <br />BY THE COMMISSION: <br />Background <br />On November 17, 2017, Florida Power & Light Company (FPL) filed a petition for mid- <br />course correction to its 2018 Environmental Cost Recovery Clause (ECRC) factors approved by <br />Order No. PSC-2018-0014-FOF-EI.' FPL has requested that the revised factors become effective <br />March 1, 2018. The mid -course correction is a result of stipulation 10G entered into by FPL and <br />other parties and approved by the Florida Public Service Commission (Commission) on October <br />25, 2017. <br />Mid -course corrections are rare in the ECRC docket and are more typical in the fuel <br />docket. Mid -course corrections are considered preliminary procedural decisions, and any over - <br />recoveries or under -recoveries caused by, or resulting from, our approved adjusted cost recovery <br />factors may be included in the following year's cost recovery factors. In this case, the requested <br />mid -course correction will result in lower cost recovery factors for FPL's customers. <br />This mid -course correction was filed by FPL with the intention that the proposed <br />decrease in rates will become effective March 1, 2018. Typically, effective dates are set a <br />minimum of 30 days after our vote approving a mid -course correction. However, we have also <br />implemented charges in less than 30 days when circumstances warrant. In this instance, the <br />interval between our vote on this matter and the proposed implementation date of March 1, 2018, <br />is 22 days. Since this filing results in a decrease to rates, we find the 22 day interval to be <br />'Order No. PSC-2018-0014-FOF-EI issued January 4, 2018, in Docket No. 20180007 -EI, In re: Environmental Cost <br />Recovery Clause. <br />gLAN- <br />