Monday, August 4, 2008

State shutters FPL 'green' program

For almost five years, Florida Power & Light trumpeted green energy, saying customers could help the environment by contributing as little as $9.75 a month to buy renewable power.

On Tuesday, angry state regulators killed the program by a unanimous vote after a Public Service Commission staff audit found that about 80 percent of the contributions went for marketing and other administrative expenses.

The staff reported that about $1.8 million of the $9.6 million FPL customers contributed over a four-year span went to purchase renewable energy...

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