Progress Energy owes customers for overpriced coal: lawyer


CSA Z462 Arc Flash Training - Electrical Safety Compliance

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$249
Coupon Price:
$199
Reserve Your Seat Today
The lawyer for Florida's utility customers said that Progress Energy owes customers a refund of $61 million for buying overpriced coal.

"It is unfair to saddle customers with extra costs that Progress Energy could have avoided by purchasing a less expensive fuel," said Public Counsel J.R. Kelly.

Progress Energy defended its fuel purchasing practices and said the higher-priced coal produced more energy and ultimately saved customers millions of dollars.

"Progress Energy continually works in the customers' best interest in its fuel buying practices," said Suzanne Grant, a utility spokeswoman.

The utility could have burned cheaper coal but failed to secure a permit to do that, said Joseph McGlothlin, associate public counsel. The counsel's office has asked the Florida Public Service Commission, which regulates Florida's utilities, to order the utility to refund the money to its customers. The commission is slated to begin hearings in April and decide the case in June.

The company lost a related case before the commission in 2007. The commission in that case ordered Progress Energy Florida to pay a $13.8 million refund for buying the more expensive coal from 2003 to 2005. That money has already been refunded to the utility's 1.7 million customers. The case relates to coal purchased in 2006 and 2007.

It's unclear if or when Progress customers might see a refund, and how much. Progress Energy raised fuel charges twice last year as the cost of coal, oil and natural gas soared. State law bars utilities from profiting from fuel. It's a pass-through to consumers. The utility recently announced that it would lower bills by 11 percent, in part because fuel prices have come down.

Related News

27 giant parts from China to be transported to wind farm in Saskatchewan

Port of Vancouver Wind Turbine Blades arrive from China for a Saskatchewan wind farm, showcasing…
View more

18% of electricity generated in Canada in 2019 came from fossil fuels

EV Decarbonization Strategy weighs life-cycle emissions and climate targets, highlighting mode shift to public transit,…
View more

TCA Electric Leads Hydrogen Crane Project at Vancouver Port

Hydrogen Fuel Cell Crane Port of Vancouver showcases zero-emission RTG technology by DP World, TCA…
View more

Ireland announces package of measures to secure electricity supplies

Ireland electricity support measures include PSO levy rebates, RESS 2 renewables, CRU-directed EirGrid backup capacity,…
View more

"Everything Electric" Returns to Vancouver

Everything Electric Vancouver spotlights EV innovation, electric vehicles, charging infrastructure, battery technology, autonomous driving, and…
View more

Electricity use actually increased during 2018 Earth Hour, BC Hydro

Earth Hour BC highlights BC Hydro data on electricity use, energy savings, and participation in…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Download the 2026 Electrical Training Catalog

Explore 50+ live, expert-led electrical training courses –

  • Interactive
  • Flexible
  • CEU-cerified