Friday, June 20, 2008

FPL green energy program under questioning by PSC, asks to be shielded from the public

There was a disturbing article about the PSC audit of the FPL Sunshine Energy Program published in the Miami Herald on June 6th: State audit of FPL 'green' program remains secret

The crux: FPL may not be all that forthright about how it's spending the funds that their customers are forking over to buy green tags and install new solar in Florida.

Word is that they're coming with a "revised" program to the PSC in the coming months. Possibly as early as July.

FPL is a private monopoly. The only way they exist is through the State legal framework giving them monopoly status. They shouldn't be able to shield audits of their activity from the public.

My concern is twofold - 1) they may be buying green tags worth significantly less than they charge for the "service" of buying them from green energy producers and/or 2) they've been gaming the system by including new solar projects that are actually funded through other sources like state grant programs and counting that toward their promised new solar project capacity.

Neither worry is founded in anything more than guesswork, but since they refuse to release the audit to the public, all we can do is speculate.

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