David Jenkins, president of Conservatives for Responsible Stewardship, is featured in an op-ed published in The Invading Sea titled Here’s why FPL, Duke and TECO want the Public Service Commission to raise your power bills.
The piece looks at a request from Florida’s largest utilities asking state regulators to approve higher electricity rates. It explains how companies like Florida Power & Light, Duke Energy, and Tampa Electric rely heavily on natural gas and other fossil fuels, which are tied to volatile global markets. When fuel prices rise, those costs are passed directly through to customers’ monthly bills.
The op-ed also points to the role of aging power plants and long-term infrastructure costs, which utilities recover through rate increases approved by the Public Service Commission. The result, according to the piece, is that many of these underlying costs ultimately show up in what households pay each month for electricity.
Read the full op-ed here:
https://www.theinvadingsea.com/2021/03/12/heres-why-fpl-duke-and-teco-want-the-public-service-commission-to-raise-your-power-bills/
