Miami, FL: The Honorable Lucy Chernow Brown of the 15th Judicial Circuit of Florida recently approved a final settlement of $790,000 for class members who were charged an unnecessary regulatory fee imposed by Florida Public Utilities, Co (FPU). The fee appeared as a "Regulatory Compliance" charge on customers' propane gas bill. More than 18,000 commercial and residential customers were affected.
The class includes all persons and entities who reside in Florida who paid FPU's Regulatory Compliance charges between May 27, 2006 and September 24, 2010. Refund checks are expected to be mailed by May 12th and will vary according to each customers' share of the settlement.
The final settlement obliges FPU to pay $790,000 into a settlement fund from which Claims Administrator, Analytics, Inc. will send to each class member, by regular U.S. mail, a check equal to each class member's proportional share of the settlement fund, based on the dollar amount of the Regulatory Compliance fee. The settlement also requires FPU to add a disclosure regarding the nature of the Regulatory Compliance charge on its invoices and in any future contracts with its customers.