What About Florida? Energy Efficiency, Solar Energy, & Regulatory Backwardness In The Sunshine State (Part 5): Utility Planning Amid Falling Electric Demand

By Danny Parker For traditional investor-owned utilities (IOUs) in Florida, corporate policy remains keyed on maximizing electricity sales and effectively justifying construction of new generation resources that are a high source of profit for stockholders. As regulated monopolies, IOUs are guaranteed a profit by the public service commission (PSC) both for selling electricity and associated transmission lines, but particularly for building power plants. And Florida with its fast-growing population and thus expanding residential sector with high levels of cooling electricity use has guaranteed the need for new power plants. As such, the state has been a gold mine for its IOUs in the

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