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12/12/2023
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12/12/2023
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1/30/2024 12:23:22 PM
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Meetings
Meeting Type
Workshop Meeting
Document Type
Agenda Packet
Meeting Date
12/12/2023
Meeting Body
Board of County Commissioners
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�ll.E lD k0t ao "lam <br />FILI=D 1112712023 <br />DOCUMENT NO, 06167-2023: <br />FPSC'- COMMISSION CLERK <br />D�/ti1bbi2 /Aj WA3 f ir',, <br />BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION i <br />In re: Petition for limited proceeding for DOCKET NO. 20230017 -EI <br />recovery of incremental storm restoration costs ORDER NO. PSC -2023 -0354 -PCO -EI <br />related to Hurricanes Ian and Nicole, by ISSUED: November 27, 2023 <br />Florida Power & Light Company. I <br />The following Commissioners participated in the disposition of this matter: <br />ANDREW GUM FAY, Chairman <br />ART GRAHAM <br />GARY F. CLARE <br />MIKE LA ROSA <br />GABRIELLA PASSIDOMO <br />ORDER GRANTING SUPPLEMENTAL PETITION <br />TO MODIFY INTERIM STORM SURCHARGE <br />BY THE COMMISSION: <br />By Order issued March 23, 2023, we approved Florida Power & Vight Company's (FPL <br />or Company) petition for a limited proceeding seeking authority to implement an interim storm <br />restoration recovery charge to recover $1.3 billion for the incremental restoration. costs related to <br />Hurricanes Ian and Nicole and to replenish the storm reserve.' This amount included $18.8 <br />million in interest. <br />We also approved the alternate storm charge calculation FPL proposed in. its petition, <br />which combined the recovery of incremental storm costs associated with Hurricanes Ian and <br />Nicole with the remaining amounts to be collected for Hur3ricaues Michael, Sally, and Zeta., <br />which we have previously approved for Gulf Power Company.2 This alternate calculation <br />estimated a total of $1.5 billion for incremental restoration costs related to Hurricanes Michael, <br />Sally, 'Zeta, Ian, and Nicole, to replenish time storm reserve, and included $21.6 million in <br />'Order No. PSC 202301 I U -PCO n issued March 23, 2023, in Docket No. 20230017-M, In re., PetWon far limited <br />proceeding for recovery of incremental storm restoration costs dated to Hurricanes.Ian and Nicole by Florida <br />Power & Light Company. <br />bier No.. PSC -2019 -0221 -PCO -El, issued June 3, 2019, in Docket No. 20190038-Ei, In re: Petition for limited <br />proceeding for recovery of incremental storm restoration costs related to Hurricane Afichael, by Gulf .Power <br />Company; and Order No. PSC -2022-0406 F0FAU, issued November 21, 2022, in Docket No. 20200041 -EI, In re: <br />.Petition for lunited proceeding for recovery of incremental storm restoration costs related to Hurricane Sally, by <br />GulfFower Company. <br />s-) <br />
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