Florida PSC Approves Utilities’ Demand Side Management Plans

Randall Weiseman Energy, Florida, General, Industry News Release

From the Florida Public Service Commission:

TALLAHASSEE — Emphasizing the value of energy efficiency, the Florida Public Service Commission (PSC) today approved program plans for Florida Power & Light Company (FPL), Duke Energy Florida, Inc. (DEF), Tampa Electric Company (TECO), Gulf Power Company (Gulf), and Florida Public Utilities Company (FPUC) that comply with the Commission’s conservation goals set last year.

The Demand Side Management (DSM) plans proposed by the utilities meet and/or exceed the PSC-established conservation goals for summer and winter demand and annual energy sales for 2015-2024 and are expected to lower customers’ bills. Customer rebates for some air conditioning and appliance programs will also be offered. Utilities are also offering consumer education and targeted programs for low-income customers, as well as energy audits for residential and commercial/industrial customers. (Check with individual utilities for specific program information.)

“Energy efficiency and energy conservation are fundamental to meeting Florida’s future energy needs,” said PSC Chairman Art Graham. “The measurable utility programs we approved today encourage customers to reduce their energy demand and consumption, making the programs both economically and environmentally effective.”

In November 2014, the PSC approved peak demand and energy conservation goals for utilities that keep customer rates in check. Goals were set using a cost-effectiveness analysis test that allows all ratepayers, participants and nonparticipants, to benefit from the utilities’ conservation programs. In setting the goals, the Commission considered the costs and benefits of conservation programs to customers who choose to participate in a program, as well as those who do not participate, because all customers pay for the programs.

The Commission is required to set goals, at least once every five years, for each of the seven utilities subject to the 1980 Florida Energy Efficiency and Conservation Act (FEECA). FEECA reduces the need for additional power plants and fossil fuel use by requiring utilities to implement cost-effective energy efficiency programs. In addition to the Florida’s five investor-owned utilities, the PSC also approved plans for the Orlando Utilities Commission and JEA.

For additional information, visit www.floridapsc.com.