FYI Miami: July 11, 2019
Below are some of the FYIs in this week’s edition. The entire content of this week’s FYIs and Insider sections is available by subscription only. To subscribe click here.
NEW PALMETTO TOLLING: The Florida Department of Transportation is beginning to install express toll lanes on SR 826/Palmetto Expressway from Flagler Street to Northwest 154th Street this month. When work is done, the tolling will be variable – the heavier the use of the express lanes, the higher the tolls will rise. Workers will install the southbound lanes first, and they’ll be free until they’re full installed. Then they’ll shift to the northbound lanes, which will be free until they’re fully installed. After that, overhead signs will tell you how much it will cost to drive the express lanes. If you don’t want to pay any tolls, just use the regular lanes. The installation work will go from 9 p.m. to 5 a.m. If you want to use the express lanes, you must have an active SunPass transponder – no tolling by plate. Details: www.PalmettoExpressLanes.com.
AIR PASSENGERS INCREASE: Miami International Airport passenger traffic edged up less than a percentage point in May from May 2018 totals, as total traffic for the calendar year to date gained 3.43% through the end of May, the airport’s most recent traffic report shows. International passenger traffic for the calendar year has risen 5%, while domestic traffic has risen 2%. The total of passenger traffic for the five-month period is more than 19.7 million persons, almost 10.2 million of them domestic passengers and more than 9.5 million international traffic.
BUSY AIRPORT: There were 34,699 total aircraft operation at Miami International Airport in May, down a bit from 34,893 in May 2018, the latest data from the airport show. For the first five months of 2019, the airport handled 181,062 operations, up 1.7% from 2018. So far this year the airport has handled 992,933 total tons of cargo, down 0.45% from last year’s 997,391.
FPL’S IRMA COSTS OK’D: Utility regulators on Tuesday signed-off on a $1.3 billion agreement involving Florida Power & Light’s costs for restoring electricity after Hurricane Irma plowed through the state in 2017. The Florida Public Service Commission approved the settlement between FPL, the state Office of Public Counsel and the Florida Industrial Power Users Group. The agreement finalizes the costs, which will be covered by the utility’s savings from a 2017 federal tax overhaul. FPL had contended it spent $1.375 billion to restore electricity after Irma made landfall in 2017 in Monroe County and then barreled through much of the state. But in filings as recent as late May, the Office of Public Counsel, which represents consumers, and business groups questioned hundreds of millions of dollars in costs.