20870052, 25-6.0426 - Florida Administrative Rules, Law, Code, Register

Home

Florida Department of State and Division of Library and Information Services

Notice: 20870052

Notice of Development of Rulemaking

Department:

PUBLIC SERVICE COMMISSION

Chapter:

ELECTRIC SERVICE BY ELECTRIC PUBLIC UTILITIES

Overview

RULE:

25-6.0426

Recovery of Economic Development Expenses

PURPOSE:

Among other things, Rule 25-6.0426 limits an investor-owned electric utility’s recoverable economic development expenses to the greater of: (a) the amount approved in the utility’s last rate case escalated for customer growth; or (b) 95 percent of the expenses incurred for the reporting period not to exceed the lesser of 0.15 percent of gross annual revenues or $3 million.  Rule 25-6.0426 would be amended to increase an investor-owned electric utility’s recoverable economic development expenses on a phased basis through 2023 and to counter the effects of inflation since the cap was originally set.
Docket No. 20180143-EI

SUBJECT:

Investor-owned electric utility regulation.

RULEMAKING AUTHORITY:

350.127(2), 288.035 FS

LAW:

288.035 FS

PRINT PUBLISH DATE:

9/7/2018 Vol. 44/175

RELATED STATUTES
AND LAWS:

350.127(2), 288.035 FS, 288.035 FS

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=25-6.0426&PDate=9/7/2018&Section=1

REFERENCE MATERIALS:

No reference(s).

Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.