Florida Commissions Approves Utilities to Recover Over $15 Million in Pandemic-Related Costs
The Florida Public Service Commission approved settlement agreements allowing Gulf Power Company to recover $13.2 million in costs related to the utility’s COVID-19 measures and Florida Public Utilities Company and the Florida Division of Chesapeake Utilities Corporation (FPUC) to recover nearly $2.1 million. The approval includes a regulatory asset accounting mechanism that permits utilities to…...