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Why did Progress Energy Florida file a request to delay a base rate increase?

April 26, 2017base delay energy file Florida increase progress rate request

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Why did Progress Energy Florida file a request to delay a base rate increase?

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Florida law provides for the company’s proposed base rates for 2010 go into effect on Jan. 1, 2010 subject to refund with interest, until the PSC makes a final decision on the case. The Nov. 2 filing would delay the proposed base rate increase until after the final PSC vote, which is currently scheduled for Jan. 28, 2010.