TALLAHASSEE, Fla. — Florida Power & Light Co. has cut its proposed rate increase by reducing the costs it wants to pass on to customers for executive bonuses and pay raises as well as corporate aircraft.
FPL spokeswoman Jackie Anderson said Thursday the utility agreed to split those expenses between customers and shareholders because it didn't want those relatively small items to be a distraction.
The Public Service Commission had questioned those expenses during hearings on the rate request this week.
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