We believe the expenses we are seeking recovery of were prudently incurred in serving our customers. |
We'll be practicing a best practices policy. If (Constellation) does something extremely well, we can adopt the same procedure in Florida, but there's not going to be any financial impact . . . for quite a while. |
We're confident that, when they see it spelled out in detail, that they will find that these were prudently incurred costs and related to storm restoration. |
We're dealing with a new era of higher hurricane activity and we realized we need to harden our system to deal with it here in Florida. |
We're living in an era where there is a higher incidence of hurricanes. This will give us what we need for a while. |
We're looking at it as an investment on our part. |
We're well over a million, and it doesn't look like it's going to ease up. |
We've had very mild winter weather so far. We haven't heard a lot of customers complaining about their bills. Unless we get a really strong cold snap, it will be until the hot, humid weather returns before people begin noticing a change in their bills. |
What we don't have is a record. |
[FPL buys oil on the futures market to protect against future spikes in energy costs, but that is not enough to offset FPL's increased costs from] a world oil market that is going absolutely crazy, ... We can't hedge our entire fuel needs. |