Someone is going to have to determine whose engineer is correct. That's part of the process. They try to reduce the number and we try to account for the dollars we spent.
More Quotes from Bill Swank:
The reserve amount that we are requesting is reasonable in light of the past experience of the past two years and the forecasts of the heightened hurricane activity.Bill Swank
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.
Bill Swank
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.
Bill Swank
Our customers are out of service less time only half as much as the national average so if we had bad maintenance we wouldn't have that kind of reliability.
Bill Swank
This is an increase in the adjustment in the fuel (cost) . . . that is a direct pass along to the customer. We're impacted by the same high costs of fuel that each of our customers are.
Bill Swank
Since we have not had an opportunity to fully evaluate the impact of these staff recommendations, it would be premature to comment on specifics at this time.
Bill Swank
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