FRCC RSS Feed

#JEA at odds with local solar power industry over value of electricity

JEA at odds with local solar power industry over value of electricity The value of electricity produced by rooftop photovoltaic panels versus the value of electricity generated and distributed by JEA is at the heart of a controversy being played out by the solar industry and the utility. Both the industry that sells and installs … Continue reading #JEA at odds with local solar power industry over value of electricity →

Miami-Dade investigating whether nuclear power plant is polluting Biscayne Bay

Miami-Dade investigating whether nuclear power plant is polluting Biscayne Bay Miami-Dade County is investigating whether water from Florida Power & Light’s industrial cooling canals at Turkey Point have seeped into Biscayne Bay. Higher levels of ammonia and salinity began appearing at Turtle Point, just south of the plant, in November after the utility began adding … Continue reading Miami-Dade investigating whether nuclear power plant is polluting Biscayne Bay →

#Emera to buy Florida utility #Teco_Energy for $6.5-billion

Emera to buy Florida utility Teco Energy for $6.5-billion Halifax power company Emera Inc. has agreed to buy Teco Energy Inc., owner of the electric utility in Tampa, Fla., for $6.5-billion (U.S.) on Friday. Under the terms of the all-cash agreement, Teco Energy shareholders will receive $27.55 per common share, a 48-per-cent premium based on … Continue reading #Emera to buy Florida utility #Teco_Energy for $6.5-billion →

Former #Duke#Energy CEO #Jim_Rogers says #power_companies doing it all wrong

Former Duke Energy CEO Jim Rogers says power companies doing it all wrong The former CEO of Duke Energy — the country’s biggest power company and an aggressive monopoly in Florida keen on preserving its control of the electricity market — now says that the way Duke and all big U.S. power companies operate is … Continue reading Former #Duke#Energy CEO #Jim_Rogers says #power_companies doing it all wrong →

#Florida utilities’ loss of $6.1 billion on bad #fuel_bets draws criticism

Florida utilities’ loss of $6.1 billion on bad fuel bets draws criticism If you consistently lost money at a Las Vegas casino year after year, some would argue you have a gambling problem and ought to stay away from the poker table. In the world of Florida’s electric utilities, losses totaling billions of dollars in … Continue reading #Florida utilities’ loss of $6.1 billion on bad #fuel_bets draws criticism →

#TECO_Energy, Inc. (NYSE:TE) electric utility company is up for sale

TECO Energy, Inc. (NYSE:TE) electric utility company is up for sale Online news service SparkSpread reported that the Tampa, FL-based utility company is up for sale Thursday afternoon. In a statement TECO Energy confirmed that it is exploring strategic alternatives. The company said, “Given the preliminary nature of this exploration, neither the company nor any … Continue reading #TECO_Energy, Inc. (NYSE:TE) electric utility company is up for sale →