Opinion ID: 2721724
Heading Depth: 3
Heading Rank: 1

Heading: Initial Filing

Text: FPL filed its application for a change in rates on March 19, 2012, more than sixty days after January 17, 2012, when FPL notified the Commission of its intent to submit such application. FPL’s filing indicated that the projected test year for the petition was 2013 and requested authority to increase its base rates and charges to generate an additional $516.5 million of revenues annually with an 11.5% ROE. FPL also asked for authority to increase its base rates by an additional $173.9 million annually when its Cape Canaveral generation project enters commercial service in the summer of 2013. With its petition, FPL submitted the MFRs as well as the prefiled testimony and exhibits of fifteen witnesses.