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■ <br />FIL E- lb <br />BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION <br />In re: Petition for approval of revisions to DOCKET NO. 20230045 -El <br />underground residential tariff, underground ORDER NO. PSC -2023 -0253 -'IRF -EI <br />commercial differential tariff, and overhead to ISSUED: August 21, 2023 <br />underground conversion tariff, by Florida <br />Power & Light Company. <br />The following Commissioners participated in the disposition of this matter: <br />ANDREW GUM FAY, Chairman <br />ART GRAHAM <br />GARY F. CLARK <br />MIKE LA ROSA <br />GABRIELLA PASSIDOMO <br />ORDER APPROVING REVISIONS TO 1NDERGR4_UNI) <br />RESIDENTIAL TARIFFS. UNDERGROUND COMMERCIAL <br />DIFFERENTIAL TARIFFS, AND OVERHEAD TO UNDERGROUND <br />CONVERSION TARIFF FOR FLORIDA POWER & LIGHT COMPANY <br />BY THE COMMISSION: <br />On March 31, 2023, Florida Power & Light Company (FPL or utility) filed a petition for <br />approval of revisions to its underground residential differential (URD) and underground <br />commercial differential (UCD) tariffs. The URD and UCD tarts apply to new residential and <br />conanercial developments and represent the additional costs, if any, FPL incurs to provide <br />underground distribution service in. place of overhead service. FPL is also requesting approval of <br />revisions to its overhead to underground conversion tariff and associated underground facilities <br />conversion agreement. <br />Based on current costs, including the net present value of long term operational costs, <br />FPL does not incur any additional costs to provide residential underground service; therefore, the <br />proposed URD differentials are $0. The proposed (legislative version) URD and UCD tariffs are <br />contained in Attachment A to this order. The proposed revisions to FPL's overhead to <br />underground conversion tariff and associated underground facilities conversion agreement are <br />also contained in Attachment A to this order. FPL's current URD and UCD tariffs were approved <br />by Order No. FSC -2019 -0360 -TRF -EI (2019 Order).! <br />'Order No. PSC -201.9 -0360 -TRF -El, issued August 26, 2019, in Docket No. 20190081 -EI, In re. Petition for <br />approval of 20.1.9 revisions to underground residential and commercial differential tariffs, by Florida Power & <br />Light CompanA <br />