As part of the request, which was filed to state regulators Friday, FPL is also seeking a rate of shareholder profit with a midpoint of 11.9% — well above the national average.
A proposal for new rates submitted by Florida Power & Light Company reflects a nearly $20 rise in bills for most of the state over the plan's tenure.
FPL customers who use 1,000 kilowatt hours a month currently pay $134.14. Under the proposal, that is estimated to go to $142.37 in 2026; $148.29 in 2027; $149.93 in 2028; and $151.99 in 2029. FPL would pass along costs to customers in 2028 and 2029 for solar-energy and battery-storage projects.
If DeSantis’ PSC approves, nearly 5.3 million households will see higher electricity bills over the next 4 years
Most of you can expect another rate increase for electricity. Florida Power & Light Company submitted a new rate schedule to the Florida Public Service Commission on Friday. For more News, Weather, and Sports in Panama City,
Thousands of Florida students will have new opportunities to explore science, technology, engineering and math (STEM) as Florida Power & Light Company announces a major expansion of its Classroom Makeover
Jake Eble, an FPL spokesperson explains, “This wooden structure is designated for replacement so, it will be replaced with a concrete structure. That concrete structure will be better equipped to maintain an enhanced wind load. So, these poles are rated to withstand about 130 mph winds.”
Athlete of the Week poll to honor exceptional performances in recent matches and meets. Check out who's made the list.
The event in Juno Beach spotlighted FPL's contribution to literacy programs in the New Worlds Reading program.
Michael Brown moved to Central Florida last year to study cybersecurity at Full Sail University. The new Winter Park resident ditched his pickup truck and bought an electric vehicle both to avoid high gas prices and because the car is a symbol of what he sees as his high-tech future.
Florida Power & Light says the proposal, covering 2026 to 2029, would enable the utility to continue to deliver reliable electricity, diversify its generation resources to reduce fuel costs and keep bills as low as possible.