Florida Power & Company. Photo: YoutubeFlorida Supreme Court Blocks Proposal to Overhaul Utility Industry
The proposal called for creating a "competitive" electricity market that would have made dramatic changes in the heavily regulated industry in which much of the state receives electricity from Florida Power & Light, Duke Energy Florida, Tampa Electric Co. and Gulf Power.
January 10, 2020 at 02:24 PM
4 minute read
The Florida Supreme Court unanimously rejected a proposed constitutional amendment that would have overhauled and deregulated the state's electric-utility industry, saying part of the proposal's wording would mislead voters.
The ruling was a victory for state leaders, business groups and utilities that fought the amendment, which was proposed for the November ballot by a political committee known as Citizens for Energy Choices.
The proposal called for creating a "competitive" electricity market that would have made dramatic changes in the heavily regulated industry in which much of the state receives electricity from Florida Power & Light, Duke Energy Florida, Tampa Electric Co. and Gulf Power.
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