By Mary Ellen Klas

A Senate committee revived the stalled debate over renewable energy in Florida on Monday and moved forward with a bill to give $16 million a year in tax incentives to businesses and homeowners, beginning next year.… more

By Taylor Ashley

Officials with Florida Power and Light and the city of South Daytona agreed Friday that the city will purchase all of FPL’s assets and lease back the equipment to FPL while the deal giving city ownership of… more

NextEra Energy, Inc. (NYSE: NEE) today reported 2011 fourth-quarter net income on a GAAP basis of $667 million, or $1.59 per share, compared with $263 million, or $0.63 per share, in the fourth quarter of 2010. On an adjusted basis,… more

By Jim Snyder and Katarzyna Klimasinska

Jan. 25 (Bloomberg) — President Barack Obama pushed drilling for gas in shale rock and support for cleaner energy sources to boost the economy in his final State of the Union address before facing… more

Southern Company today reported fourth quarter 2011 earnings of $261 million, or 30 cents a share, compared with earnings of $153 million, or 18 cents a share, in the fourth quarter of 2010. Southern Company also reported full-year 2011 earnings… more

By Kevin Spear

Progress Energy’s top brass spelled out for investment analysts Monday how a proposed refund to customers would help smooth out a potentially tumultuous year.

The North Carolina-based utility, investor-owned and the second-largest in Florida, has agreed to… more

By Eileen O’Grady

The delayed merger of Duke Energy and Progress Energy could be completed in May or June if the companies’ new plan can satisfy regulatory concern over the merged utility’s market power in North Carolina, Progress Chief Executive Bill Johnson… more

A clean energy group is appealing $282 million in nuclear plant costs being passed on to customers of Florida’s two largest electric utilities.

The Southern Alliance for Clean Energy called the fee a nuclear power “tax” in a news release… more

Progress Energy Florida is asking state regulators to approve a settlement covering base rates and nuclear power replacement charges that includes a $288 million refund to customers.

The deal with the state’s Office of Public Counsel and other consumer advocates… more

Florida Power & Light Company today notified the Florida Public Service Commission that it expects to ask for an increase estimated at $6.80monthly, or about 23 cents a day, on the base portion of a typical residential customer bill. The increase would not take… more

By Michael Peltier

Florida Agriculture Commissioner Adam Putnam on Thursday outlined a series of energy proposals dealing with renewable sources and diversification in what is expected to become the grist for legislation in the weeks ahead.

Calling for tax incentives,… more

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By Emery Dalesio

Progress Energy and Duke Energy have agreed that July will be the new deadline for completing their merger to create the country’s largest electric utility.

The companies said in a filing last week to the Securities and… more

By Ray Weiss

Residents opposed to the city buying its electrical distribution system from Florida Power & Light submitted a petition Monday at City Hall seeking an August referendum so voters, not city leaders, can ultimately decide.

Armed with more… more

By Susan Salisbury

Florida’s energy future is expected to be controversial once again this year as the legislature begins its session Tuesday.

Some bills propose allowing property owners who produce electricity from renewable sources to sell it directly to tenants,… more

By Taylor Ashley

Without discussion, council members have signed another 30-year franchise agreement with Florida Power & Light.

The current agreement written in 1982 ends Jan. 28. The council voted on first reading Dec. 13 to accept the new agreement,… more

By John Murawski

Duke Energy and Progress Energy expect to submit a new proposal for their corporate merger this month as the North Carolina power companies make a third attempt to appease federal monopoly concerns.

Progress CEO Bill Johnson, who… more

By Tom Schoenberg, Brian Wingfield and Julie Johnsson

The U.S. Environmental Protection Agency must delay implementing rules on interstate air pollution on Jan. 1, a federal court ruled, siding with electric power producers seeking to defeat the new regulations.

A… more

By Jim Saunders

An advocacy group will ask the state Supreme Court to reject a regulatory decision that would allow Florida Power & Light and Progress Energy Florida to collect about $282 million from customers next year for nuclear-power projects.… more

By Hiroko Tabuckhi

From inspectors’ abandoning of the Fukushima Daiichi nuclear power plant as it succumbed to disaster to a delay in disclosing radiation leaks, Japan’s response to the nuclear accident caused by the March tsunami fell tragically short, a government-appointed… more