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PSC Staff says No to FPL's Rate Hike

http://stream.publicbroadcasting.net/production/mp3/wfsu/local-wfsu-877512.mp3

Tallahassee, FL – Florida Power and Light's request to raise its rates by $1.4 billion has been riddled with controversy, from the exposure of cozy relationships between regulators and company officials to a massive PR campaign by the company to persuade the public the rate request is justified. On Wednesday, staff at the Public Service Commission said the state's largest utility should be getting way less than what it's asking for. Trimmel Gomes reports.