Dive Summary:

• The Florida Public Service Commission (FPSC) is in charge of the hearing, which will decide whether FPL’s $690.4 million a year increase will go forward.
• FPL had requested a delay in the hearing so the commission could consider a proposed settlement involving some of its larger customers.
• Although FPSC chairman said it was too late to postpone the hearing, he noted that the panel could still consider the settlement even after the hearing.

From the article:

The Florida Public Service Commission is beginning a lengthy hearing on Florida Power & Light Co.'s request to raise rates by $690.4 million a year.

Commission Chairman Ronald Brise late last week denied the utility's request to delay the hearing that starts Monday so the panel could consider a proposed settlement with groups representing industrial, health care and federal government customers. ...