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ORDER NO. PSC -2020 -0154 -PCO -EI DOCKET NO. 20200001 -EI PAGE 3 On April 1, 2020, Florida Power & Light Company (FPL) filed its Mid -Course Correction Petition (FPL Petition).6 FPL is seeking authorization to lower its currently - approved 2020 fuel cost recovery factors for the month of May 2020. FPL's current level of actual and projected fuel cost recovery has not breached the 10 percent threshold; thus, the filing was not prompted by the noticing requirement pursuant to Rule 25-6.0424(2), F.A.C. However, FPL indicated that its proposed action is primarily intended to help mitigate the adverse economic impacts of the COVID-19 pandemic. On April 2, 2020, Gulf Power Company (Gulf) filed its Mid -Course Correction Petition (Gulf Petition). Gulf is seeking authorization to issue a line item bill credit for the month of May 2020. On April 2, 2020, Duke Energy Florida, LLC (DEF) filed its Emergency Petition for a Temporary Mid -Course Correction (DEF Petition).8 DEF is seeking authorization to lower its currently -approved fuel cost recovery factors for the month of May 2020. DEF's current level of actual and projected fuel cost recovery has not breached the 10 percent threshold; thus, its filing was not prompted by the noticing requirement pursuant to Rule 25-6.0424(2), F.A.C. As with FPL, DEF indicated in its filing that the proposed action is in response to the adverse economic impacts of the COVID-19 pandemic. Effective Dates and Noticing Requirement FPL, Gulf, and DEF have requested that the revised tariffs become effective to essentially produce a one-time bill reduction in the month of May 2020. This matter was voted on at our April 28, 2020 Special Agenda Conference. Typically, effective dates are set a minimum of 30 days after a vote modifying charges. This time limit is imposed in order to avoid having new rates applied to energy consumed before the effective date of our action, i.e., the date of the vote. However, we have implemented charges as a result of mid -course corrections in less than 30 days when circumstances warrant.9 Further, the Florida Supreme Court has recognized that the fuel clause proceeding "is a continuous proceeding and operates to a utility's benefit by eliminating regulatory lag."10 In this instance, there can be no prejudice to the customers because their total rate would be decreasing, not increasing. Further, by implementing the modifications at this time customers will receive the benefit of reduced fuel rates as quickly as administratively possible. We have jurisdiction in this matter pursuant to Sections 366.04, 366.05, and 366.06, Florida Statutes (F.S.). 'Document No. 01718-2020. 'Document No. 01730-2020. 8Document No. 01736-2020. 9Order No. PSC -15 -0161 -PCO -EI, issued April 30, 2015, in Docket No. 150001 -EI, In re: Fuel and purchased power cost recovery clause and generating performance incentive factor (rates reduced 15 days before billing cycle began.) 10Gulf Power Company v. Florida Public Service Commission, 487 So. 2d. 1036, 1038 (Fla. 1986).