Florida Power & Light (FPL) is seeking approval for what could be the largest utility rate hike in state history, proposing increases over a four-year period beginning in 2026.
The Florida Public Service Commission was scheduled to review the proposal on August 11. However, opposition is already mounting. FPL’s petition, filed in February, outlines a base rate increase of $8.9 billion, which could exceed $10 billion if additional solar and battery storage projects planned for 2028–2029 are approved.
Public Counsel Walt Trierweiler voiced strong opposition to the plan and has submitted expert testimony opposing the rate hike.
When asked if he believed the proposal was fair, “No! And I don’t normally speak to the media” Trierweiler said bluntly.
U.S. Representative Kathy Castor also criticized the proposal, accusing monopoly utility companies like FPL of passing unnecessary costs onto customers
“These utilities charge ratepayers for lobbying, corporate brand advertising, executive perks, and even political contributions,” Castor said, referencing past controversies, including a political scheme targeting an environmental advocate.
FPL spokesperson Bryan Garner defended the company, stating that shareholders—not customers—cover political contributions and marketing costs.
Source: Local 10 News