VIDEO: Bill tightening utilities regulation clears Florida House

The panel that sets electric rates in Florida would face tighter regulations under a bill that passed the Florida House

Content Dam Elp Online Articles 2015 April Transmission Tower Large Elp

TALLAHASSEE, Fla. (AP) — The panel that sets electric rates in Florida would face tighter regulations under a bill that passed the Florida House.

The bill would set a 12-year term limit for members of the Florida Public Service Commission, who are appointed by the governor, and require them to take ethics training.

The bill passed Wednesday would also limit service deposits power companies can require and prohibit them from changing billing cycles to push customers into higher rate categories.

It also authorizes Duke Power to borrow money to pay the cost of closing down the Crystal River nuclear plant.

The bill passed despite criticism that it's not enough to end what some legislators say is the panel's too-cozy relationship with big power companies. Some have recommended returning to electing Public Service Commission members.

More in Home