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300K 103 PnE 4/�6 <br />Mr. Burton advised that some level of base charge is recommended in order to provide <br />fiscal security. <br />Mr. Lockridge stated that once the return of debt service is accomplished, then you <br />would no longer need to recover costs through a fixed charge. <br />Commissioner Adams commented that Florida Power does not charge for electric <br />service which is not used and expressed a desire to get to the point where charges would be <br />dependent upon usage. <br />Mr. Lockridge stated there is always the evaluation of revenue risk. If enough is kept <br />in reserve, then you can have a low charge and still handle peak demands. <br />Commissioner Ginn questioned provisions for a workshop with the public, and Mr. <br />Burton responded that they would make such a provision after meeting first with the Board <br />and staff. <br />Chairman Eggert thanked the representatives and advised that, if the Board does not <br />reach a decision today, a decision will be made on Tuesday, November 18, 1997. <br />NOVEMBER 5, 1997 <br />-28- <br />