|Published:||Aug 20, 2010 4:52 PM EDT|
|Updated:||Aug 20, 2010 1:52 PM EDT|
TALLAHASSEE, Fla. (AP) - Florida Power and Light has agreed to freeze its base rates through 2012.
The Attorney General's Office and the Florida Office of Public Counsel announced the decision Friday.
FPL had requested a rate increase to fund new construction. The agreement says those costs will be offset by a decrease in fuel costs.
The deal requires the approval of the Public Service Commission. FPL will have to petition that body for any base rate increases after 2012.
- Barricaded man didn't survive in house fire
- Surgeons remove 4-pound hairball from tiger
- Retired Corrections officer arrested after accident
- Gateway street still blocked after fire, SWAT situation
- Cape Coral churches could pay full price for UEP
- Neighbors fighting for fire station on Livingston Road
- Body identified in Fort Myers death investigation
- Comedy show to benefit unpaid employees of Wise Guys
- Tiger has 4 pound hairball removed
- Homes near sinkhole condemned