We're looking at it as an investment on our part.
More Quotes from Bill Swank:
Fuel diversity is something we've been striving for for a long time. I think the nation as a whole is beginning to reassess its options.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
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
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.
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
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