News & Public Affairs

PSC approves rate increase for Progress Energy customers to construct uncertain nuke plants listen

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Tags: PSC, SACE, nuclear power, Progress Energy, utility rates

Today the Florida Public Service Commission elected a newcomer, Arthur Graham, to be chair, instead of outgoing Commissioner Nathan Skop. Skop is the last of four commissioners who were let go after voting down rate hikes for power companies. Graham replaces former chair Nancy Argenziano who resigned early to endorse Alex Sink for governor.

Today the new-look PSC also agreed to allow Progress Energy to keep billing customers for nuclear power plant that may never be built.

For a typical...

Oil rig explosion causes disaster in Gulf Of Mexico

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Tags: drill baby Drill, oil drilling, Gulf of Mexico, BP, alternative energy, energy independence, SACE

Last week on the 40th anniversary of Earth Day, a $600 million exploratory oil rig, the Deepwater Horizon, sank into the Gulf of Mexico following an unexplained explosion two days earlier that killed eleven workers. The fire that followed the explosion burned for 36 hours before the entire rig broke apart and sank, exposing a drilling opening in the Gulf floor that officials now say may be leaking approximately 5,000 barrels a day from three different leaks. The rig was set up 50 miles offs...