Florida Public Service Commission native order document 09500-2024

FILED 10/14/2024
DOCUMENT NO. 09500-2024
FPSC - COMMISSION CLERK
BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION
In re: Petition for rate increase by Florida
Public Utilities Company.
-----------------
DOCKET NO. 20240099-EI
ORDER NO. PSC-2024-0441-PCO-EI
ISSUED: October 14, 2024
The following Commissioners participated in the disposition of this matter:
MIKE LA ROSA, Chairman
GARY F. CLARK
ANDREW GILES FAY
GABRIELLA PASSIDOMO
ORDER SUSPENDING FINAL RATES AND APPROVING INTERIM RATES
BY THE COMMISSION:
BACKGROUND
Florida Public Utilities Company (FPUC or Company) filed a test year notification letter
with the Commission on June 18, 2024, in which the Company indicated its intent to seek a
permanent increase in its rates and charges based on a test year ending December 31, 2025, and a
request for an interim rate increase. 	On August 22, 2024, FPUC filed its petition for an increase
in base rates, as well as minimum filing requirements schedules (MFRs) and the direct testimony
of 10 witnesses. 	The Company is engaged in business as a public utility providing electric
service as defined in Section 366.02, Florida Statutes (F.S.), and is subject to our jurisdiction.
FPUC serves approximately 18,100 retail customers in Calhoun, Liberty, and Jackson counties in
the Company's Northwest Division and approximately 15,000 retail customers in Nassau County
in its Northeast Division.
FPUC has requested an increase in base rates to generate an additional $12,593,450 in
annual revenues. The requested increase, according to FPUC, will provide the Company with an
opportunity to earn a rate of return of 6.89 percent on its plant and property used to serve its
customers and a return on equity (ROE) of 11.30 percent. The Company based its request on a
13-month average rate base of $150,053,096 for the projected test year ending December 2025.
FPUC stated in its petition that the requested test year period ending December 31, 2025,
is the most relevant period upon which the Company's operations should be analyzed for
purposes of establishing rates for the period in which the new rates will be in effect. The
Company further stated that this period will be indicative of its actual revenues, expenses, and
investment during the first 12 months that the new rates will be in effect. We last granted FPUC
an approximately $3 .75 million rate increase by Order No. PSC-14-0517-S-EI. 1
In its petition, FPUC also requested an interim rate increase in its base rates and charges
to generate $1 ,812,869 in additional gross revenues until the permanent rates become effective.
The Company has based its interim request on a historical test year ended December 31, 2023.
1 Order No. PSC-2014-0517-S-EI, issued September 29, 2014, in Docket No. 20140025-EI, In re: Application/or
rate increase by Florida Public Utilities Company.

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
PAGE2
In
its petition, FPUC stated that it will hold any revenues collected, subject to refund, with
interest at a rate determined pursuant to Rule 25-6.0435(3), 	Florida Administrative Code
(F.A.C.) and that it be allowed to collect the interim increase subject to a corporate undertaking.
On September 4, 2024, the Office
of
Public Counsel (OPC) filed its notice
of
intervention
in this docket and the Order acknowledging the intervention was issued on September
5,
2024. 2
On September 4, 2024, FPUC filed revisions to MFR Schedules B-2 and G-3 to correct a
reference to the prior rate case order. No numeric values were changed.
This order addresses FPUC's interim rate increase request and the suspension
of
the
requested permanent rate increase. 	We have jurisdiction over this request for a rate increase and
interim rate increase under Sections 366.06 and 366.071, F.S.
DECISION
I.
	Suspension
of
Permanent Rates
We find that the requested permanent increase in rates and charges requested by FPUC
shall be suspended in order to allow our staff time to appropriately analyze the case. Staff issued
its first data request to FPUC on September 12, 2024, and FPUC provided its responses on
September 26, 2024. 	Our staff will be issuing additional data requests to the Company during
the review process. 	On August 27, 2024, the Company was advised that the Commission will
conduct an audit with the formal review report expected to be issued on November 13, 2024.
Staff reviewed FPUC's Minimum Filing Requirements and on September 20, 2024 found them
to be in compliance with Rule 25-6.043, F.A.C.
In light
of
the ongoing activities in this rate case and pursuant to Section 366.06(3), F.S.,
we may withhold consent to the operation
of
all or any portion
of
a new rate schedule, delivering
to the utility requesting such a change a reason or written statement
of
good cause for doing so
within 60 days. 	We find that the reasons stated above are good cause, consistent with the
requirements
of
Section 366.06(3), F.S., to suspend FPUC's request for permanent rate increase.
II. 	Granting Interim Rates
Interim Rate Base
In 	its 	filing, 	the 	Company 	proposed 	an 	interim 	13-month 	average 	rate 	base
	of
$116,666,956 for the period ended December 31, 2023. Pursuant to Section 366.071(5)(a), F.S.,
the Company is permitted to elect either an average or year-end rate base to calculate its interim
revenue request. We have reviewed the rate base adjustments made in the current interim filing
for consistency with the rulings made in the Company's last rate case order.3 	Based on our
preliminary review, FPUC has made the applicable and appropriate adjustments consistent with
the previous rate case. 	Therefore, we find that $116,666,956 is the appropriate amount
of
rate
base for the 2023 	interim historical test year ended December 31, 2023. The associated
calculations are shown on Attachment A attached hereto.
2 Order No. PSC-2024-0408-PCO-EI, issued. September 5, 2024, in Docket No. 20240099-EI, In re: Petition for
rate increase by Florida Public Utilities Company.
3 Order No. PSC-2014-0517-S-EI, issued September 29, 2014, in Docket No. 140025-EI, In re: Application/or rate
increase by Florida Public Utilities Company.

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
PAGE3
Interim Return on Equity and Overall Rate
of
Return
Pursuant to Section 366.07(2)(a), F.S., the appropriate ROE for purposes
of
determining
an interim rate increase
is
the minimum
of
the Company's currently authorized ROE range.
FPUC's authorized ROE and range is 10.25 percent plus or minus 100 basis points. 	We set the
return and range by Order No. PSC-14-0517-S-EI. 4 For its interim request, the Company
appropriately used an ROE
of
9.25 percent.
We find that the capital structure
of
FPUC for the historical 13-month average test year
shall reflect an ROE
of
9.25 percent, resulting in an overall cost
of
capital
of
4.95 percent.
Attachment B, attached hereto, details the calculations
of
the overall cost
of
capital.
Interim Net Operating Income
The proposed interim test year net operating income (NOi) for FPUC
of
$4,429,839 is the
12-month amount for the historical test year ended December 31, 2023. 	We have reviewed the
NOi adjustments made in the current interim filing for consistency with the rulings made in the
Company's last rate case. 5 	Based on our preliminary review, we find that FPUC made the
applicable and appropriate adjustments consistent with the previous rate case. The associated
calculation is shown on Attachment A.
Interim Net Operating Income (NOi) Multiplier
On MFR Schedule G-18, the Company calculated a NOi multiplier
of
1.3477. 	This
multiplier is based on a revenue expansion factor
of
74.2015 percent, formulated using a
21
percent Federal Income Tax rate, a 5.50 percent state income tax rate, a 0.5227 percent bad debt
rate, and a 0.0848 percent factor for regulatory assessment fees. 	However, the Company's
proposed interim bad debt rate includes projected data. 	The proposed interim bad debt rate
reflects the average
of
the 2023 historical test year, the 2024 prior year, and the 2025 projected
test year. Only historical data should be considered for determining an interim bad debt rate.
Thus, we have re-calculated an interim bad debt rate based on a three-year historical average
of
calendar years 2021, 2022, and 2023. 	This resulted in an average bad debt rate
of
0.6628
percent. 	Therefore, we find that 1.3496 is the appropriate NOi multiplier. 	The NOi multiplier
calculation is shown in Table
1.
4 Id at Page 2.
5 Order No. PSC-2014-0517-S-EI, issued September 29, 2014, in Docket No. 140025-EI, In re: Application/or rate
increase by Florida Public Utilities Company.

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
PAGE4 
Table 1
I 	. 	NOi M 1.
1·
	ntenm 	u tip
1er
Descriotion
Revenue Requirement
Less Regulatory Assessment Fee
Less Comm. Cale. Bad Debt Rate
Net Before Income Taxes
Less State Income Tax @ 5.5%
Net Before Federal Income Tax
Less Federal Income Tax @
21
%
Revenue Expansion Factor
NOi Multiplier (100/74.097)
Interim Revenue Increase Request
100.000%
0.0848%
0.6628%
99.252%
5.459%
93.794%
19.697%
74.097%
1.3496
FPUC requested interim rate relief in the amount
of
$1,812,869. As discussed above, we
have approved an adjustment to the NOi multiplier. 	The application
of
the revised NOi
multiplier results in a new interim revenue increase
of
$1,815,448, for a difference
of
$2,579.
However, we find it appropriate to limit the increase to only the Company's requested interim
amount of$1,812,869.
The Company's requested revenue increase will allow FPUC an opportunity to earn
an
overall rate
of
return
of
4.95 percent. 	The overall rate
of
return
of
4.95 percent is calculated
using a return on equity
of
9.25 percent which is the bottom
of
FPUC's currently authorized
range.6
After a determination on the permanent rate increase has been made, the interim revenue
will be reviewed to determine
if
any portion should be refunded to customers. The calculation
of
the interim revenue increase is shown in Table 2.
Table 2
Interim Revenue Increase
Descriotion
Jurisdictional Adjusted Rate Base 	$116,666,956
Overall Rate
of
Return 	4.95%
Jurisdictional Net Operating Income Requested 	$5,775,014
Jurisdictional Adjusted Net Operating Income 	$4:A292839
Revenue Deficiency 	$1,345,175
As-Filed Net Operating Income Multiplier 	1.3477
Interim Revenue Increase 	$128122869
Base Rate Revenues 	~2425252209
Approved Percentage Increase 	7.39%
6
Id at Page 2.

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
PAGES
Interim Rates and Associated Tariffs
The appropriate interim revenue increase is $1,812,869. 	The interim rates shall be
effective for all meter readings occurring on or after 30 days from the date
of
our vote. 	MFR
Schedule G-20 demonstrates that the proposed interim revenue increase was applied uniformly to
all existing rate classes, as required by Rule 25-6.0435, F.A.C. Attachment C, attached hereto,
contains the proposed interim tariff sheet Nos. 40, 43, 45, 47, 50, 52, 56, 57, and 61. Pursuant to
Rule 25-22.0406(8), F.A.C., the Company shall provide notice to customers
of
the revised rates.
The notice must be approved in advance by our staff and provided to the customers with the first
bill containing the new rates.
Security Guarantee Subject to Refund
All funds collected subject to refund shall be secured by a corporate undertaking. 	The
criteria for a corporate undertaking include sufficient liquidity, ownership equity, profitability,
and interest coverage to guarantee any potential refund. FPUC requested an interim revenue
increase
of
$1,812,869. 	Based on an estimated eight-month collection period
of
interim rates,
the estimated amount
	of
revenues that would be collected is estimated to be $1,208,579.
Pursuant to Rule 25-6.0435, F.A.C., Interim Rate Relief, interim rate relief collected is subject to
refund pending final order in the permanent rate relief request. 	Such increase shall be subject to
a corporate undertaking or under bond as authorized by this Commission and any refund shall be
made with an interest factor determined by using the 30-day commercial paper rate.
The interest on the estimated amount that will be collected is estimated to be $21,580.
The estimated amount that shall be protected and guaranteed is $1,230,159. 	FPUC's three most
recent annual reports filed with this Commission (2023, 2022, and 2021) have been reviewed to
determine
if
the Company can support a corporate undertaking to guarantee the funds collected
during the interim collection period. 	FPUC's financial 	information demonstrates that the
Company has acceptable levels
of
liquidity, ownership equity, and interest coverage to support a
potential refund
of
$1,230,159.
For these reasons, we find that FPUC has adequate resources to support a corporate
undertaking in the amount
of
$1,230, 159 and that this amount is acceptable. This brief financial
analysis is only appropriate for deciding
if
the Company can support a corporate undertaking in
the amount requested and should not be considered a finding regarding our position on other
issues in this proceeding.
Based on the foregoing, it is
ORDERED by the Florida Public Service Commission that Florida Public Utilities
Company's requested permanent rate increase is suspended pending further review. It is further
ORDERED 	that 	the 	appropriate 	interim 	rate 	base 	for 	the 	Florida 	Public 	Utilities
Company is $116,666,956 for the interim historical test year ended December 31, 2023. 	It is
further
ORDERED that the appropriate return on equity for the Florida Public Utilities Company
is 9.25 percent and overall rate of return is 4.95 percent for purposes of determining interim
rates. It is further

ORDER NO . PSC-2024-0441-P CO-El
DOCKET NO . 20240099 -EI
P AGE6
ORDERED that for the inte rim test year ended Dec e mber 3 1, 2023, the net operat ing
income for the Florida Public Ut iliti es Company is $4,429,839. It is further
ORDERED th at the appropriate interim net operat ing income multiplier is 1.3496. 	It is
further
ORDERED that the appropriate interim revenue increase fo r the Florida Pub li c Utilities
Co mp any is $ 1, 81 2,869. lt is further
ORDERED that the propo sed interim rates and assoc iated tariffs shown o n Attachment C
are hereby approved. 	Th e interim rates shall be effecti ve for a ll meter reading occurri ng on or
after 30 days from the date of o ur vote. 	In addition, pursuant to Rule 25-22.0406(8), F.A.C., the
Compa ny sha ll prov ide noti ce to customers of the revised rates. T he noti ce mu st be approved in
advan ce by our staff and provided to customers with the first bill co nt aining the new rat es . It is
fu rth er
ORD ERED 	th at 	the 	Florida 	Public 	Uti liti es 	Company 	shall 	furni sh 	a 	c01vorate
undertaking subj ec t to refund in the a mount of $ 1,230, 159. It is further
ORD ERE D that this docket sha ll remain open pending our final resoluti on of the Florida
Publ ic U tiliti es Company's rate in crease re que s t.
SBr
By ORDER of the F lorida Public Service Co mmi ssion this 14th da y of October, 2024.
Co mm· sion
Flo ri da Pub li c Service Commiss ion
2540 Sh um ard Oak Bo ul eva rd
Ta ll ahassee, F lo ri da 32399
(850) 4 13-6770
www. fl oridapsc.com
Cop ies furni shed : 	A co py of this doc um en t is
provided to the parti es of record at the time of
issuance and, if app licable, interested pe rso ns.

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
PAGE7 
NOTICE OF FURTHER PROCEEDINGS OR JUDICIAL REVIEW
The Florida Public Service Commission is required by Section 120.569(1), Florida
Statutes, to notify parties
of
any administrative hearing or judicial review
of
Commission orders
that is available under Sections 120.57 or 120.68, Florida Statutes, as well as the procedures and
time limits that apply. 	This notice should not be construed to mean all requests for an
administrative hearing or judicial review will be granted or result in the relief sought.
Mediation may be available on a case-by-case basis. 	If mediation is conducted, it does
not affect a substantially interested person's right to a hearing.
Any party adversely affected by the portion
	of
this order suspending the utility's
requested final rates, which is preliminary, procedural or intermediate in nature, may request: (1)
reconsideration within
10
days pursuant to Rule 25-22.0376, Florida Administrative Code; or (2)
judicial review by the Florida Supreme Court, in the case
of
an electric, gas or telephone utility,
or the First District Court
of
Appeal, in the case
of
a water or wastewater utility. 	A motion for
reconsideration shall be filed with the Office
of
Commission Clerk, in the form prescribed by
Rule 25-22.0376, Florida Administrative Code. 	Judicial review
of
a preliminary, procedural or
intermediate ruling or order is available
if
review
of
the final action will not provide an adequate
remedy. 	Such review may be requested from the appropriate court, as described above, pursuant
to Rule 9 .100, Florida Rules
of
Appellate Procedure.
Any party adversely affected by the portion
of
this order granting interim rates, which is
non-final in nature, may request (1) reconsideration within 10 days pursuant to Rule 25-22.0376,
Florida Administrative Code, or (2) judicial review by the Florida Supreme Court, in the case
of
an electric, gas or telephone utility, or the First District Court
of
Appeal, in the case
of
a water or
wastewater utility. 	A motion for reconsideration shall be filed with the Office
of
Commission
Clerk, in the form prescribed by Rule 25-22.0376, Florida Administrative Code. 	Citizens
of
the
State
of
Florida v. Mayo, 316 So.2d 262 (Fla. 1975), states that an order on interim rates is not
final or reviewable until a final order is issued. 	Such review may be requested from the
appropriate court, as described above, pursuant to Rule 9 .100, Florida Rules
of
Appellate
Procedure.

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT A
PAGES
FLORIDA PUBLIC UTILITIES COMPANY
Docket No. 20240099-EI
Interim Historical Test Year
December 31, 2023
Adjusted
Historical Test 	Comm 	Historical Test
Rate Base
Plant in Service
Accumulated Depreciation
Net Plant
in
Service
Construction Work
In
Progress
Net Utility Plant
Working Capital Allowance
Total Rate Base
Income Statement
Total Operating Revenues
Operating Expenses:
Operation & Maintenance - Fuel
Operation & Maintenance - Other
Depreciation & Amortization
Taxes Other Than Income
Income Taxes
Deferred Income Taxes - Net
(Gain)/Loss on Disposition
Total Operating Expenses
Net Operating Income
Overall Rate
of
Return
Year Per Company 	Adjustments 	Year Per Comm
$171,501,015
(78,861,742)
$92,639,273
4,190,317
$96,829,590
19,837,366
$116,666,956
$26, 190,489
13,822,103
5,304,884
1,705,369
5,868,734
(4,940,440)
$21,760,649
$4,429,839
3.80%
$171,501,015
(78,861,742)
$92,639,273
4,190,317
$96,829,590
19,837,366
$116,666,956
$26, 190,489
13,822, I 03
5,304,884
1,705,369
5,868,734
(4,940,440)
$21,760,649
$4,429,839
3.80%

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT B
PAGE9
Capital Component
Long-Term Debt
Short-Term Debt
Customer Deposits
Common Equity
Deferred Income Taxes
Regulatory Tax Liability
Total
FLORIDA PUBLIC UTILITIES COMPANY
Docket No. 20240099-EI
Interim Historical Test Year
December 31, 2023
Jurisdictional
Capital
Structure 	Ratio
$34,811,456 	0.2984
$6,376,054 	0.0547
$3,930,084 	0.0337
$44, 148,564 	0.3784
$22,517,273 	0.1930
$4,883,526 	0.0419
$116,666,956 	1.0000
Rate
3.64%
5.35%
2.22%
9.25%
0.00%
0.00%
Weighted
Cost Rate
1.09%
0.29%
0.07%
3.50¾
0.00¾
0.00¾
4.95%

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT C
Page I
of9
PAGE
IO
Florida Public Utilities Company
F.P.S.C. Electric
Tariff
Third Revised Volume No. I	-·-·----------~-
··------------	
- .
~
Revised Sheet No.
40
Cancels
~
Revised Sheet No.
40
RATE SCHEDULE
RS
RESIDENTIAL
SERVICF.	
c,,a;_:1a:~-::1:s;;:._c.rU'C"-~~.1._-.:.·V':'-fl2'.:..~~.~-""<;t"',ir:.:.r:.c.;.:,~~
....
.c...-i..-.:::....,.	
•
-~.:u--==--A~_..,.-.-:,.-...=i&.~·
•
..._...~--=c.r.."=:;2.~-...:;i::,.;-...u=;~~~~=i
Availability
Available within the territory served by the Company
in
Jackson, Calhoun and Liberty Counties
and on Amelia Island in Nassau County.
Applicability
Applicable for service to a single family dwelling unit occupied by one family
or
household and for
energy used in commonly-owned facilities in condominium and cooperative apartment buildings.
Character
of
Service
Single-phase service at nominal secondary voltage
of
115/230 volts; three-phase service
if
available.
Limitations
of
Service
The maximum size
of
any individual single-phase motor hereunder shall not exceed five (5)
horsepower.
'The Company shall not be required to construct any additional facilities
for
the purpose
of
supplying
three-phase service unless the revenue to be derived therefrom shall be sufficient to yield the
Company a fair return
on
the value
of
such additional facilities.
Monthly Rate
Customer Facilities Charge:
$-l4%ll.JQ
per customer per month
Base Energy Charge:
~~¢/KWH
for usage up to 1000 KWH's/month
~KWH
for usage above 1000 KWH's/month
Purchased Power Charges
Purchased power charges are adjusted by the Florida Public Service Commission, normally each
year in January. For current purchased power costs included in the tariff, see Sheet Nos. 65 & 66.
Minimum Bill
The minimum monduy bill shall consist
of
the above Customer Facilities Charge.
(Continued on Sheet No. 41)
Issued by:
.JeffFy
~
1.
HeusehehleF, PFesiaent
Jeffrey
Sylvester Chief Operating Officer
Effective: JAM 01 2021

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENTC
Page 2
of9
PAGE
11
Florida Public Utilities Company
F.P.S.C Electric
Tariff
~
Revised Sheet No. 43
Cancels
~E.W.!
Revised Sheet No. 43
Third Revised Volume No. I	
-----·-·--------
·-~----,------·--
____
.__··-~-
••
0
·-··-·---~--•Ho_,
___
-·-·--···-
RATE SCHEDULE
GS
GENERAL
SERVICE-
NON
DEMAND	
•,-s.~~..J:+1-~.::t.".~---a:c.L-a..,~a...:=.·.u:u:~~~:.~~~~..a:-:.r..zo::i-.~..:..1:r..ur..~-.c;.-1,i~-:..t..~:a..~~
.....
=.:-~~.:;.."t.:S"'~:;..r~~11
Availability
Available within the territory served by the Company in Jackson, Calhoun and Liberty Counties
And
on
Amelia Island in Nassau County.
Applicability
Applicable to commercial and industrial lighting, heating, cooking and small power loads aggregating
25 KW or less.
Character
of
Service
Single
or
three-phase service at available standard voltage.
Limitations
of
Service
Service shall be at a single metering point.
Monthly Rate
Customer Facilities Charge:
$~29.9l
per customer per month
Base Energy Charge:
AIIKWH	
~JJ,ll¢/KWH
Purchased Power Charges
Purchased power charges are adjusted by the Florida Public Service Commission, nonnally each
year
in
January. For current purchased power costs included in the tariff, see Sheet Nos. 65 & 66.
1\!linimum Bill
The minimum monthly bill shall consist
of
the above Customer Facilities Charge.
Tenns
of
Pavment
Bills are rendered net and are due and payable within twenty (20) days from date
of
bill.
Issued by: Joffi:;·
~
4 lleusohall:ier,
l2Fosi~loRI
O,.rurr~1ting
OJfim
(Continued on Sheet No. 44)
lcifrcy
Effective:
.JH'
Ql
2,QJ
1
Sylvester.

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENTC
Page 3
of9
PAGE12
Florida Public Utilities Company
F.P.S.C Electric
Tariff
~
Revised Sheet No. 45
Cancels
~fulh
Revised Sheet No. 45
Third Revised Volume No. I
	-----··---·--··
-----------------
-··
------~---
RATE SCHEDULE GSD
GENERAL
SERl-1CE-DEH4ND	
-=-
,...
___
~_.,,..:i:a-:,,r,~~MJ,.a.;...,....•.r.a-:si.;F'.1-.rwl.~--
•
........t:"-~~,:,.,:;i."J.,.,;~¥~J..-:i.~-~"'l'--•·.c~1.:t:...";i;~':,.A	
~..sc::;----==z:::i~
.J
Availabilitv
Available within the territory served by the Company in Jackson, Calhoun and Liberty Counties and
on Amelia Island
in
Nassau County.
Applicability
Applicable to commercial, industrial and municipal service with a measured demand
of25
KW
but
less than 500 KW for three
or
more months out
of
the twelve consecutive months ending with the
current billing period. Also available, at the option
of
the customer, to any customer with demands
of
less than 25
KW
who agrees to pay for service under this rate schedule for a minimum initial term
of
twelve months.
Character
of
Service
Single
or
three-phase service at available standard voltage.
Limitations
of
Service
Service shall be
at
a single metering point at one voltage.
Monthly Rate
Customer Facilities Charge:
$82.3588 44
per
customer per month
Demand Charge:
Each
KW ofBilling
Demand
Base Energy Charge
All
KWH
Purchased Power Charges
~¢/KWH
Purchased power charges are adjusted by the Florida Public Service Commission, normally each
year
in January.
For
current purchased power costs included in the tariff, see Sheet Nos. 65 & 66.
Minimum Bill
The minimum monthly bill shall consist
of
the above Customer Facilities Charge plus the Demand
Charge for the currently effective billing demand.
Terms
of
Pavment
Bills are rendered net and are due and payable within twenty (20) days from date
of
bill.
Purchased Power Costs
See Sheet Nos. 65 & 66.
(Continued on Sheet No. 46)
Issued by: Jeffi)• M. HeusehelElef, PFesident
Operating Officer
Teffrey
Effective: J.\~1 01 W21
Sylvester
	Chief

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT C
Page 4
of9
PAGE
13
Florida Public Utilities Company
Sheet
No.~
Sixth
Revised
F.P.S.C. Electric
Tariff	
Cancels~
Revised Sheet No.
-1-+;U
Third Revised Volume No. I	• - 4 - • L
VL
---
---~-·-· ···---
RATE SCHEDULE GSLD
•=,=r.=,.°"""".....,,~·'--'-'·,.,,.......,,.-c,1=--,~h,:!f!}~,!!l
•
.!2:&~1£..E..~12----..,..,.=·•=•-="',....-'"=""""'=-"•1~
Availability
Available within the territory served by the Company
in
Jackson, Calhoun and Liberty Counties
and on Amelia Island in Nassau County.
Applicability
Applicable to commercial, industrial and municipal service with a measured demand
of500
KW
but less than 5000
KW
for three
or
more months out
of
the twelve consecutive months ending
with the current billing period. Also available, at the option
of
the customer, to any customer
with demands
of
less than 500
KW
who agrees to pay for service under this rate schedule
for
a
minimum initial term
of
twelve months,
Character
of
Service
Three-phase service at available standard voltage.
Limitations
of
Se1vice
Service shall be at a single metering point at one voltage.
Monthly Rate
Customer Facilities Charge:
~~
per customer per month
Demand Charge:
Each KW ofBilling
Demand	
~W
Base Energy Charge
All
KWH
Purchased Power Charges
Purchased power charges are adjt1,;ted by the Florida Public Service Commission, normally each
year in January.
For
current purchased power costs included in the tariff, see Sheet No.
65
& 66.
l'vlinimum Bill
The minimum monthly bill shall consist
of
the above Customer Facilities Charge plus the
Demand Charge for the currently effective billing demand.
Terms
of
Payment
Bills are rendered net and are due and payable within twenty (20) days from date
of
bill.
Purchased Power Costs
See Sheet No. 65 & 66.
(Continued on Sheet No. 48)
Issued by: J.Jffi') )
I.
llausehshleF, Pf.JSiEfoatJcffrey
Sylycster
Chief
Operating
Officer
Effective: .l.'.'H
{H
2021

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT C
Page 5
of9
PAGE14
Florida Public Utilities Company
F.P.S.C. Electric
Tariff
Titird Revised Volume No. I
~~
Revised Sheet No.
~ill
Cancels
~IIDb.
Revised Sheet No.
~~
RATE SCHEDULEGSLD I
GEl·lERAL SER
ncE
- LARGE DEMAND 1	
~~~.:.;.c.:.:;:.~~
------~~;:.~-=--~~!.1,-..:;_~.=.,..c:.,~c_~-;.:::.~:r..n.a""::"l"~"="~•:r.:=c.:.:~t.-::;z;:.~..,.t.1,.i,..;~·~~~-=-~n;a
Availabilitv
Available within the territory served by the Company in Jackson, Calhoun, and Liberty Counties
and on Amelia Island in Nassau County.
Applicability
Applicable
to
commercial and industrial services
of
customers contracting for at least 5,000 kilowatts
of
electric service.
Character
of
Service
Three-phase,
60
hertz, electric service delivered and metered
at
a single point at the available
transmission voltage, nominally 69,000 vol ls
or
higher.
Monthly Base Rates
Customer Facilities Charge:
Base Transmission Demand
Charge:
Excess Reactive Demand
Charge:
$~~KW
of
Maximum/NCP Billing Demand
S~kVar
of
Excess Reactive Demand
Purchased Power Charges (See Sheet 52 for descriptions)
The Purchased Power Charges recover Energy and Demand Charges billed
to
FPUC by
FPUC's
Wholesale Energy Provider and Wholesale Cogeneration Provider including applicable line losses
and taxes. Purchased power charges are adjusted by the Florida Public Service Commission,
normally each
year
in January.
For
correct purchased power charges included in the tariff, see Sheet
No. 70 &
71.
Minimum Bill
The minimum monthly bill is the sum
of
the Transmission Demand Charge and the Customer Charge
plus any Purchased Power Charges attributed to Transmission Demand Fuel Charge.
Terms
of
Payment
Bills are rendered net and due and payable within twenty (20) days from date
of
bill.
Conservation Costs
See Sheet Nos. 65 & 66.
Franchise Fee Adjustment
Customers taking service within franchise areas shall pay a franchise fee adjusbnent in the form
of
a
percentage to be added to their bills prior to the application
of
any appropriate taxes. This percentage
shall reflect the customer's pro rata share
of
the amount the Company is required
to
pay under the
franchise agreement with the specific governmental body in which the customer is located.
(Continued on Sheet No. 51) 
Jeffrey	
Issued by: Jatliy
),l
HottotiholdeF, Jll"dsithmt
Qnerating
Qlli~r 	Effective: 1.\~I
01
2021
Sylvester 	Chjef

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT C
Page 6
of9
PAGE15
Florida Public Utilities Company
F.P.S.C. Electric
Tariff
~
Revised Sheet No. S2
Cancels
~&Ulh
Revised Sheet No. 52
Third Revised Volume No. I
RA
TE
SCHEDULE
SB
STA!vVBf
SERVICE.~r-i·,;i,;.'"t3-z.-,_-.J..",t;...,:.e.~::.s:.-~~~~i:.~~-.--:.:i".;..:..,.~:u·..r:,::.·N,._"'-:.;;::-.r~.;.t:.:.Y.:.!:=:;,~.-..·.:;n.~"';P.;.:,.:.-:~:•':.._:..r-.r,.""l:~,.,.-.·.,:,~;·::.,,,:):;;~-..-i:=:-.:~.::-.:;.=;~-:.,....""'::::::J
Availability
Available within the territory served by the Company in Jackson, Calhoun and Liberty Counties and
on Amelia Island in Nassau County.
Applicability
Applicable
on1y
to customers which arc self-generators with capabilities
of
serving the customer's full
electronic power requirements and that require backup and/or maintenance service
on
a firm basis.
This rate schedule is not applicable to self-generating customers for supplemental service.
Character
of
Service
Single or three-phase service at available standard voltage.
Limitations
of
Service
Service shall be at a single metering point at one voltage.
TI1e
contract demand shall not exceed the
KW capacity
of
cuc;tomer's generator.
Monthly Rate
Customer Facilities Charge:
(a) For those customers who have contracted for standby service capacity
ofless
than
S00
KW-
$121.09.
(b) For those customers who have contracted for standby service
ofS00
KW
or
greater-
~l
046.86.
Local Facilities Charge:
(a) For those customers who have contracted for standby service capacity
ofless
than S00
KW- $3.15/KW.
(b) For those customers who have contracted for standby service
of
500 KW
or
greater -
~KW.
Purchased Power Charges
Demand and energy used by the customer in any month shall be charged at the then currently effective
rates
of
the Company's wholesale supplier adjusted for estimated line losses and applicable taxes.
Such charges will consist
of
Coincident Peak (CP) Demand charge and an energy charge.
TI1e
CP
Demand shall be the customer's measured KW coincident in time with that
of
the Company's
maximum monthly demand at the substation serving the system to which the customer is connected.
The energy charge shall be applied to the measured KWH during the billing period and shall be based
on the actual energy charge (including fuel charges)
of
the Company's wholesale supplier during the
billing period.
The currently effective rates
of
the Company's wholesale supplier would result
in
the following
demand and energy charges for purchased power after adjustment for estimated line losses and
applicable: taxes. These are shown for illustrative purposes on1y. Actual purchased power rates in
effect at the time
of
use shall be used for detennining the monthly unit charges.
CP Demand Charge
-Each
KW
ofCP
Demand 	$5.62/KW
Energy Charge - All 	3.S83¢
(Continued on Sheet No. 53) 
Jeffrey
	Issued by: J,dli:y
H.
IIeusskoldeF,
PF11sidsnl
Operating
Offi-<.er	
Effective: J >)'QI 2921
Sylvester
	Chief

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT C
Page 7
of
9
PAGE 16
Florida Public Utilities Company
F.P.S.C. Electric Tariff
lbird
Revised Volume No. I
~
Revised Sheet No. 56
Cancels
P:iAhSixth
Revised Sheet No. 56
RATE
SCHEDULE
LS
L!GHT!NG SER VICE	
r-
..
~~=-~~~.z-,.:;::,:;.z-..-:';'!'~.:,.;-t-:.;:::i..:~~.~~i,.~!'::R.~t~-;.--:,11S";;;2.:---r.t.,.....il'.:,:,:.:,:__-=::4~...:..,-~r.,~..::.::::::=-:-.r..tr...-'1l~.L.:,.•:,;r.::l,..~·:.;:.:,.::==.,..-..:.:...=,----:c-•,'-.a:;:.._-.:~;::_~~
Availabilitv
Available within the territory served by the Company in Calhoun, Jackson and Liberty Counties and on
Amelia Island in Nassau County.
Applicability
Applicable to any customer for non-metered outdoor lighting service.
Character
of
Service
Lighting service from dusk to dawn as described herein.
Limitations
of
Service
Service is limited to lighting by high-pressure sodium vapor, metal halide,
or
light emitting diode lamps
mounted on company poles as described herein. Company-owned facilities will be installed only on
Company-owned poles.
Monthly Rate
When lighting fixtures are mounted on existing poles and served directly from existing overhead
secondary distribution lines:
Type 	Lamp 	Size 	KWH/Mo. 	Facilities 	Maintenance"' 	Energy 	Total
Facility 	Lumens Watts 	Estimate 	Charge 	Charge 	Charge 	Charge
High Pressure Sodium Lights
Acom 	16,000 	150
	61	
~llll	
S~Lfil	
$~,Ul
~~
ALN 440 	16,000 	150	
61	
~lO...li	
~uz	
S~l,,il
S~lll.4
Amer. Rev. 	9,500 	100
	41	
S~J,Q,JZ	
~~	
$~,UJ,
$~~
Amer. Rev. 	16,000 	150
	61	
~m	
~~	
$:l:-1-9-~
~1672
Cobra Head 	9,500 	100
	41	
$~~	
~~	
S~U.l
$-H-,-M-12
36
Cobra Head 	22,000 	200	
81	
$9-:-7-&1050	
s~~	
$~
~JJJ.2
Cohra Head 	28,500 	250
	101 	S+h@J_2_J_2	
~~	
S~Ui2
~21.76
Cobra Head 	50,000 	400 	162	
~~	
~u.z	
S~.2..U
~~
Flood 	28,500 	250
	101	
~J2~l	
~~	
$~~
$~2050
Flood 	50,000 	400 	162	
~
.l2Jl 	~2...4..4	
$~2Jl
~~
Flood 	130,000 	1,000 	405	
~~	
~~
$~~
~~
SP2 Spectra 	9,500 	100
	41	
P-+.8+~	
SJ.,.W~	
$~~
$~32?8
Metal Halide Lights
ALN 440 	16,000 	175
	71	
~2W	
~2,.!lil	
$~
~J.U.Q
Flood 	50,000 	400 	162	
~J,W 	~Ul	
$~.2...ll
~~
Flood 	130,000 	1,000 	405	
~~	
~U:l
~~
~
Shoebox 	16,000 	175	
71	
~?4~6	
~~	
$~
$~~
Shoebox 	28,500 	250
	101	
~25..22	
~~	
$~~
~3514
SP2 Spectra 	9,500 	100
	41	
~2644 	S:00~	
$~2...11
$~~
Vertical Shoebox 	130,000 	1,000 	405	
~21.ll 	~.51 ~22.87
~5_3
...
77
(Continued on Sheet No. 57)
Issued by: Jolif:,•)
I.
IJem,eheldl!F,
PFeriEleRt	
Je~	
SY.J~,~1~!	
Chi5'(
Qn~rating
fJ_ffo;e_r	
Effective:
~
4 "'¥
QJ
~QJJ

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI 
ATTACHMENTC
Page 8
of
9
PAGE 17
Florida Public Utilities Company
F.P.S.C. Electric
Tariff
~
Revised Sheet No.
S7
Cancels~~
Revised Sheet No. 57
Tit.ird Revised Volume No. I
RATE SCHEDULE
LS
LlGHTING SERVICE	
:~
..
~~"'!,;Q~~.1.n:::::.--a:c-.:x~·
=--:,-.~=c.,~'!:::r:;;:;ar.:.a;,.~-~-':Cl...;::...rm.t~~=-~~~$·.:::.-:.:~~::-c..:;t~_:::..:,r.r..=..":'.::&.;:·.:,~·~;-~~~
Type
Facility
Lamp 	Size
Lumens Watts
Light Emittinl! Diode Lights
Cobra Head 	5,682
	so
Cobra Head 	5,944
	so
Cobra Head 	9,600 	82
Cobra Head 	14,571 	130
Cobra Head 	28,653 	210
Decorative 	2,650 	26
Decorative 	4,460 	44
Decorative 	10,157 	90
Decorative 	7,026 	60
Flood 	12,500 	80
Flood 	24,000 	170
Flood 	20,686 	150
Flood 	38,500 	290
Shoe Box 	20,050 	150
Shoe Dox 	17,144
	131
(Continued from Sheet No. S6)
KWH/Mo.
Estimate
17
17
28
4S
72
9
15
31
21
27
58
52
100
52
45
Facilities
Charge
$~1.JU
$&-M~
$~..J.2
$~
~~
~$~
$+-1-44~
S-l-9,.+4~
~ll,..60
~11._@
~.1U2
~J.Will
~~
~~
Maintenance"'
Charne
S~Ul
SH9~
~2.61
~~
~
~~
$~~
$J.:-7.1.J..28.
$~
~1fil.
~1.§1
~~
$;,:4(-}~
~~
~~
Charges for other Company-owned facilities:
1)
	30'
Wood Pole	
~iJJ.
2)
	40'
Wood Pole
Std	
$~ll,,ll
3) 	18' Fiberglass Round	
$9-:9-S
l.Q..ll
4)
	13'
Decorative Concrete 	$-1-444
~
5)
	20'
Decorative Concrete	
$+44-1-~
6) 	3
5'
Concrete Square	
$~1700
7) 	10' Deco Base Aluminum	
$-1-8-.¾~
8)
	30'
Wood Pole Std	
~~
Energy
Charge
$~~
$Q49~
Total
Charge
$9MJ026
$.J-h-7.91
2
66
$-h-1-+U.8
~12.S-4
$H6~
$~~
~~~
$~~1Ll1
$~
$-l+.W]2
02
$~~
~~
ShW.Ll.R
$~~
~U6
$-1+.4+~
~.Ll§
~18
.
.SJ
S~l.2J
~ll...ll
$~~
$+9:,#~
sa.,.μ~
$-14:-4&
16
62
~~
SM.4+~
For the poles shown above that are served from an underground system, the Company will provide up to one
hundred (100) feet
of
conductor to service each fixture. The customer will provide and install the necessary
conduit system to Company specifications.
Purchased Power Charges
Purchased power charges are adjusted annually by the Florida Public Service Commission. For current
purchased power costs included in the tariff, see Sheet No. 65 & 66.
Minimum Bill
The above rates times the number
of
lamps connected.
(Continued on Sheet No. 58)
Issued by: .Jeffry> I Jhrnr;ekolder,
PnwiE:lanl	
Je~x	
Sylvester 	Chief Operating
.Offic~r 	Effective:>
i"
Y 0~ 2:0~2

ORDER NO. PSC-2024-0441-PCO-EI
DOCKET NO. 20240099-EI
ATTACHMENT C
Page 9
of9
PAGE
18
RATE
SCHEDULE' OSL
MERCURY
VAPOR
LIGHTING SERVICE
(Closed
To
New Installations)
m::w.L:.-~~.::~~~--...~:--...,.
...
r,--=-::
er
mrr=··
:,·n:::r.acr~11r~:1~::::.:.~~"1:;:;.+~~A-:::...;.•..:.e-~,:.:r.-:c:i.;~-'IT~·c::::,::'S;1........_~~~
(Continued from Sheet No. 58)
Availability
Available within the territory served by the Company in Calhoun, Jackson and Liberty Counties and
on
Amelia Island in Nassau County.
Applicability
Applicable to customer for mercury vapor lighting service.
Character
of
Service
Lighting service from dusk to dawn as described herein.
Limitations
of
Service
Service is limited to lighting by mercury vapor lamps
of7,000 or
20,000 initial level
oflumens
mounted
on wood poles, as described herein.
Monthly Rate
When lighting fixtures are mounted on existing poles and served directly from existing overhead
secondary distribution lines:
Lamp Size 	KWI-liMo. 	Facilities 	Maintenance• 	Energy 	Total
Lumens 	Estimate 	Charge	
~	
Charge 	Charge
7,000
	72	
~!J2	
~Lil	
~Ul	
~...fill
20,000 	154	
S+.-£.W	
~w	
~~	
~Jl_60
For concrete
or
fiberglass poles and/or underground conductors, etcetera, the customer shall pay a lump
sum amount equal to the estimated differential cost between the special system and the equivalent overhead-
wood pole system.
Purchased Power Charges
Purchased power charges are adjusted by the Florida Public Service Commission, normally each year in
January. For current purchased power costs included in the tariff, see Sheet Nos. 65 & 66.
Minimum Bill
The above rates times the number
oflamps
connected.
Tenns
of
Payment
Bills are rendered net and are due and payable within twenty (20) days from date
of
bill.
(Continued on Sheet No. 60)