The Florida Public Service Commission (PSC) announced that they were terminating Florida Power & Light Company's (FPL) Sunshine Energy green pricing program and that any future customer contributions to the program would be placed into an escrow account. More than 38,000 customers had participated in the program, which began in December 2003.
PSC Commissioners further directed staff to continue to pursue an audit of how the funds were utilized by Green Mountain Energy Company, a third party renewable energy contractor that ran the program in partnership with FPL. The results of this audit will be considered in a future Commission proceeding. A prior Commission staff audit of the program indicated that only 20 percent of the $11.4 million collected from customers was applied to developing renewable energy facilities.
News Release - PSC Terminates FPL's Sunshine Energy Program
News Release - Green Mountain Energy Company's Response to Florida Public Service Commission Vote to End FPL Sunshine Energy® Program
More Information - Florida PSC Docket No. 070626