Tulsa-based Internet technology company finds fertile ground in energy deregulation

TULSA, Okla., September 20, 2000—Tulsa may have had its roots in the energy industry, but one Tulsa firm is taking those roots high-tech, while keeping them firmly entrenched in Tulsa soil. Internet Technology Corp. (iTC), a company which pioneered an automated meter reading system known as Internet Meter Reading (IMR), is expanding into new facilities at 5311 S. 122nd E. Ave. in Tulsa, adding to the list of technology companies that are rapidly sprouting up and expanding within the metropolitan area.

JUNO BEACH, Fla., Sept. 21, 2000—Florida Power & Light Co. (FPL) has submitted a plan to the Florida Public Service Commission that would limit an increase in prices spurred by unprecedented fuel costs to 8.7 percent for a residential customer. A special refund to customers next June from a revenue sharing provision of FPL’s three-year, $1 billion rate reduction agreement will partially offset the fuel cost increase.

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