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DOCKET NOS. 20200067 -EI, 20200069 -EI, Attachment C 20200070 -E1,20200071 -E1,20200092 -EI PAGE 52 8. The standard for approving a settlement agreement is whether it 4s in the public interest.' ;9 The Parties to ihe-Stipulation and Settlement Agreement agree that the Agreement. is in the public, interest and should be approved. 'The Parties: entered into the, Agreement, 'eachTfor their own reasons but all inxecognition that the cumulative total of the regulatory actio tybefore the Commission involving Tampa Electric and the other investor owned :electric utilities — now and for the rest of 2020 - is greater than normal. Approving these stipulations, s'in the public interest because doing so will, among other things: (a) allow Tatnpa Electric to :implement its Storni Protection Plan and begin cost recovery through ilie SPPCRC.without delay; (b) reduce the regulatory mid administrative costs and risks that would,liave'been associated with two contested hearings before the :FPSC and (c) give :the FPSC and consumer parties an opportunity to review the company's,riext SPP. one (1) year earlier than required bylaw while retaining the opportunity to participate in future proceedings on the,prudency of costslo be recovered through the SPPCRC through the normal FPSC cost recovery clause process. IQ. The Stipulation and Settlement Agreement represents a reasonable compromise of divergent positions and frilly resolves all of the issues raised in the Tampa Electric SPP and RPM, dockets. Considered as a whole, the Stipulation and Settlement Agreement fairly and.. ' Sce Order No. PSC72020-0084-5-EI, issued March 20,1020, in Docket No. 20190061=EI (Petit ion for Approval of SolarTo� ether program And 'tariff. by Florida Power & I:ighi CoTnMny) at .5, citing Sierra Club V. Brown 243 so: 3d 903, 910-913 (Fla: 2018); Order No. PSC -13-0023 S -ET; issued on lonuary 14, W11, in Docket No. 120015-E1, In re:. Petition for increase in rates by Florida Power & Light Company; Order No."PSC-11=0089 `S -ESI, issued February. 1; 2011, in Docket `Nos: 080677 -EI and 050.)O -El; In re: Petition for increase in rates by Florida Power & Light Company and In re: 2009 depreciation and dismantlement study byFlorida Power&Light Company; OrderNo. PSC- 10-0398-S-F31;issued :Tune:i8,;2010; inDoeketNos.090079El;090144-EI,090145-EI;and 1'00336- 1; In re: Petition for ;increase in _raies by Progress 'Energy Florida, Inc, In re: Petition Tor limited proceeding to include Bartow npowering;project inbase mtes,'by Progress;Energy Florida, Inc., In re: Petition for expedited approval of the deferral of pension expenses, auiborin ion to Charge :storm hardening expenses to the storm damage reserve., and variance. from or waiver of Rule 25-6 0143(lxc), (d), and (t), FAC, by hrocress EnergyFlorida; Inc,, and In re; Petition for approval or an accounting order to record a depreciation expense credit; by Progress Energy Florida; Inc:, Order No. PSC-05-094543EI, issued September28 2.005, in mocker No. 050678-131, 'In re: Petition for rate increase by Progress Energy Florida, Inc. a-6 07-