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6a /e 1,6 <br />FILED 3/23/2023 <br />DOCUMENT NO. 02374-2023 <br />,COMMISSION CLERK <br />BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION <br />In re: Petition for limited proceeding for DOCKET NO. 20230017 -El <br />recovery of incremental storm restoration costs ORDER NO. PSC -2023 -0110 -PCO -EI <br />related to Hurricanes Ian and Nicole, by ISSUED: March 23, 2023 <br />Florida Power & Light Company. I <br />The following Commissioners participated in the disposition of this matter: <br />ANDREW GILES FAY, Chairman <br />ART GRAHAM <br />GARY F. CLARK <br />MIKE LA ROSA <br />GABRIELLA PASSIDOMO <br />IAN AND NICOLE AND APPROVING CONSOLIDATED INTERIM STORM <br />RESTORATION RECOVERY SURCHARGE <br />BY THE COMMISSION: <br />Background <br />On January 23, 2023, Florida Power & Light Company (FPL or Company) filed a <br />petition for a limited proceeding seeking authority to implement an interim storm. restoration <br />recovery charge to recover $1.3 billion for the incremental restoration costs related to Hurricanes <br />Ian and Nicole and to replenish the storm reserve. This amount includes $18.8 million in interest. <br />FPL has also presented an alternate storm charge calculation in its petition. This alternate <br />calculation combines the recovery of incremental storm costs associated with Hurricanes Ian and <br />Nicole with the remaining amounts to be collected for Hurricanes Michael, Sally, and Zeta, <br />which we previously approved for recovery by Gulf Power Company (GPC or FPL's Northwest <br />Florida).' This alternate calculation estimates a total of $1.5 billion for incremental restoration <br />costs related to Hurricanes Michael, Sally,' Zota, Ian, and Nicole and to replenish the storm. <br />reserve. This amount includes $21.6 million in interest. <br />'Order No. PSC -2019 -0221 -PCO -El, issued June 3, 2019, in Docket No. 2'1190038 -EI, .In re: Petition for limited <br />proceeding for recovery of incremental storm restoration costs related to Hurricane Michael, by Gulf Power <br />Company; and Order No. PSC -2022-0406 FOF-EI, issued November 21, 2022, in .Docket No. 20200041 -EI, In re: <br />Petition for limited preceeding for recovery of incremental storm restoration costs related to Hurricane Wally, by <br />Gulf Power Company. <br />