Report: Public Service Commission 'Captured' by Utilities

Consumer groups have complained for years that the Florida Public Service Commission spends most of its time serving the power companies instead of the public. 

Ben Wilcox, with the outfit Integrity Florida, says there's a word for that: "captured."

"The Public Service Commission is a 'captured' regulatory agency," he said. "It's been captured by the interests it's supposed to be regulating, the utilities."

A new report from Integrity Florida says power companies control the PSC by giving campaign money to the governor and state lawmakers. 

In recent years the commission has approved plans that shift more of the risk from shareholders to rate-payers.

Wilcox says consumers will pay the price until they find some way to keep politics out of the PSC.

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