Florida Power & Light CEO: Customers Have Been "Victimized" By Electric Deregulation
In an op-ed opposing Proposal 51, a ballot question which would introduce electric choice to Florida, Eric Silagy, president and CEO of Florida Power & Light Co., says that under electric deregulation, "consumers have been victimized by price manipulation and bankruptcies."
As reported by EnergyChoiceMatters.com, the Florida Constitution Revision Commission is currently reviewing Proposal 51, filed by Florida Energy Freedom, which would amend the state's constitution to make it a right for the state’s electricity customers to choose their electricity provider.
If the Commission approves the proposal, the amendment would be placed on the November 2018 ballot. The measure would require 60% approval from voters to be adopted.