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Current as of January 01, 2025 | Updated by Findlaw Staff
A public utility shall provide notice to the commission at least 90 days before the full retirement of an electrical power plant if the date of such retirement does not coincide with the retirement date in the public utility's most recently approved depreciation study. No later than 90 days after such notice, the commission may schedule a hearing to determine whether retirement of the plant is prudent and consistent with the state's energy policy goals in s. 377.601(2). At a hearing scheduled under this section, the utility shall present its proposed retirement date for the plant, remaining depreciation expense on the plant, any other costs to be recovered in relation to the plant, and any planned replacement capacity.
Cite this article: FindLaw.com - Florida Statutes Title XXVII. Railroads and Other Regulated Utilities § 366.057. Retirement of electrical power plants - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xxvii-railroads-and-other-regulated-utilities/fl-st-sect-366-057/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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