The Public Service Commission today unanimously voted to force Florida Power & Light and Progress Energy to publicly release their executive salary data. The utilities wasted no time saying it is disappointed. FPL said it will challenge it.
"We are disappointed and we believe today's decision will end up costing customers more in the end,'' said Tim Leljedal, spokesman for Progress. He said the company will wait to see the final order before decision whether to appeal it.
FPL, however, is ready for the next step. "We are disappointed with the decision by the Public Service Commission,'' the Juno Beach-based company said in a statement. "We continue to be concerned that publicly disclosing the names, titles or compensation of specific nuclear engineers, electrical engineers, distribution and transmission experts and other highly trained individuals responsible for operating and securing critical infrastructure would drive up compensation costs and force the loss of highly trained, specialized utility personnel to competitors.
"This will ultimately result in increased rates for FPL customers. In addition, this is clearly a violation of the employees’ privacy and could create safety and security issues. This decision serves no compelling interest of the commission and we will appeal it."
Will this mean a lawsuit? We'll see.
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