Delays in developing large power projects in Florida are bad news for contractors in a state already hurt by sharp construction downturns, says the Greater Florida Chapter of Associated General Contractors president.
Florida’s biggest utilities, Juno Beach-based Florida Power & Light (FP&L) and Progress Energy Florida, “stopped work on everything but the essentials” after the state Public Service Commission (PSC) in January rejected most of the big rate increases the utilities had sought, said Richard Marshall, who also is vice president of operations at the Tampa office of Walbridge, a large construction firm based in Detroit.