Fwd: SCGF Duke Energy considers charging customers to explore fracking

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fracking petro grid

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> http://www.tampabay.com/news/business/energy/duke-energy-considers-charging-customers-to-explore-fracking/2208668
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> Florida is Going backwards
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> "The state Public Service Commission already gave the utilities a huge leg up last week when regulators approved proposals by the power companies to gut their energy-efficiency goals by more than 90 percent and end the state's solar rebate program at the end of 2015."
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>> http://www.tampabay.com/news/ business/energy/duke-energy- considers-charging-customers- to-explore-fracking/2208668
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>> The utility is pondering the high-risk natural gas exploration business, and it wants customers to pay for it.
>> Already, state regulators are considering a proposal from Miami-based Florida Power & Light to charge its customers as much as $750 million a year for a fracking exploration project in Oklahoma that the utility says could help lock in fuel prices for years and save customers money.
>> Duke is watching closely and could follow suit if FPL gets its way.
>> Here's the real bottom line:
>> Florida utilities currently do not profit from the cost of fuel used to run their power plants. The utilities bill customers for their fuel costs as a pass-through charge.
>> But the fracking deal would allow the utilities to earn profits on the fuel that powers their plants, along with revenue from the construction of the facilities and the electricity they generate. FPL's proposal would be the first effort by the state's utilities to charge customers for fracking exploration.
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