Florida Public Service Commission

08/08/2024 | Press release | Distributed by Public on 09/08/2024 02:21

Florida PSC Approves Electric Utility Demand Side Management Plans

State of Florida
Public Service Commission


NEWS RELEASE

Aug 8, 2024
Contact: 850-413-6482
Florida PSC Approves Electric Utility Demand Side Management Plans

TALLAHASSEE - The Florida Public Service Commission (PSC) today approved numeric Demand Side Management (DSM) goals for Florida Power & Light Company; Duke Energy Florida, LLC; Tampa Electric Company; Florida Public Utilities Company; Orlando Utilities Commission; and JEA. Each utility's DSM goals were established for the years 2025-2034 and were last approved in 2019.

Implementing a streamlined DSM procedure that establishes goals based upon projected savings from DSM programs, today the Commission approved proposed stipulations with the parties to establish annual conservation goals to reduce demand and energy consumption for both residential and commercial/industrial customers.

As required, each utility evaluated the technical potential of all DSM measures when analyzing possible residential and commercial programs. Florida Statutes require the Commission to adopt appropriate conservation goals to promote energy efficiency and the development of DSM programs. The Commission must review the goals at least once every five years for the six utilities subject to the Florida Energy Efficiency and Conservation Act (FEECA).

Each utility's new conservation goals must be set by January 1, 2025.

For additional information, visit www.floridapsc.com.

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