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I'm scratching my head. Is this a good deal for it's customers?

FPL asks permission to drill for natural gas | The Miami Herald

In Part: TALLAHASSEE

Florida Power & Light wants to get into the natural gas fracking business and it wants its customers to pay for it.

At a hearing on Monday, the state’s largest utility asked regulators for permission to charge customers up to $750 million a year to form a partnership with an Oklahoma oil and gas company because, it argues, the investment would help FPL stabilize fuel prices and save customers money.

How much? Estimates indicate the savings would be between $51 million and $107 million over the life of the project — or a total of 50 cents to $1 for the average customer over several years

Read more here: FPL asks permission to drill for natural gas | The Miami Herald
 

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Utility companies look for every possible way to get more money from the customer.
First Energy in Northern Ohio had us paying out the yazoo for electricity.
This was back in the late 90's, early 00's.
6 cents/KWH for electricity.
Oh, wait.
Transmission charge.
Maintenance charge.
State Tax (REALLY? YES)
Connection Charge.
Nuclear Power Plant charge (they made US pay for the Perry Nuclear Plant)
By the time it was all added up the cost was over 12 cents/KWH.

Gas Company there also ripped off customers.
 

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See this is against the law. Duke Energy did this in Indiana,scheduled a series of "private dinners" with the governor, to formally request permission to charge current customers more to fund the future building of another energy plant, rather than borrowing it, or heaven forbid, using their OWN money. So everyone's bill would go up by 20-50% or more, an no one was supposed to know why.

This was approved, BTW.
 

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No surprise here, FPL has been ripping off its customers for over 75 years; a little at the time, so you would not notice it, until it was too late.
 

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This is not in our best interest as always
 
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