Gulf Power Nuclear Plant Rate Hike Denied

By: Associated Press
By: Associated Press

TALLAHASSEE, Fla. (AP) -- Florida regulators again have denied Gulf Power Co.'s request to increase rates for acquisition and evaluation of a possible nuclear power plant site.

The Public Service Commission originally declined in February to include those costs in the Pensacola-based utility's base rate. The panel on Tuesday in Tallahassee rejected Gulf's request to reconsider that decision.

The plant costs would have added about 20 cents to a typical residential customer's monthly bill.

Gulf serves about 431,000 homes, business and other customers in an eight-county area of the western Panhandle.

Commission Chairman Ronald Brise said Gulf failed to identify any fact or law that the five-member panel failed to consider in its original decision.

Since then, the PSC has cut Gulf's fuel cost fee, reducing a typical monthly bill by $9.92 to $116.61.

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