Florida’s Condo Market Faces Financial Cliff, Says Report Confirmed by Wall Street Journal
One major factor accelerating the crisis is the expansion of Fannie Mae’s “blacklist,” which now includes over 1,400 Florida condo associations.
Florida Surpasses California In New Solar Installations
Florida has emerged as a leader in solar energy. In 2024, the state surpassed California in new utility-scale solar capacity. However, although the advantages of solar energy should be clear, the reality is more complicated.
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Largest Utility In U.S. Proposes Massive Rate Increase Over Four Years, Sparking Debate On Profit Margins And Customer Impact Amid Shareholder Guaranteed Profits
FPL has requested a $9 billion increase in customer rates over the next four years from the Florida Public Service Commission. The request has raised alarms among affordability advocates, who warn that it could become one of the largest rate hikes in U.S. history.
Florida Solar Farm Supplying Clean Energy To 12 Cities Across The State
Located in Putnam County, near Palatka, the Rice Creek Solar Energy Center features 213,000 solar panels, generating enough power to supply about 14,000 homes. It is the third solar site in the Florida Municipal Solar Project, with more developments planned.
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Florida Power Bills Set To Soar In 2025 After Regulator Approvals
State regulators have approved measures that will lead to higher electricity bills in the new year. The approved increases are expected to take effect in 2025, leaving many Floridians bracing for a more expensive year ahead.
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Florida Has The 4th Highest Power Bills In The US, According To MarketWatch
In a national comparison that looked at how much the average electricity bill was in each state, Florida ranked No. 4 at $168 per month, which is about $31 more than the national average. So, what’s causing the increase in electricity bills?
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FPL Wants To Increase Your Monthly Bill In 2025. Take A Look At The Higher Rates
FPL requested approval to collect nearly $1.2 billion to cover costs of restoring power after hurricanes Debby, Helene and Milton and to replenish a storm reserve fund.
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Is Hydrogen Power Coming To Real Estate?
Founded in 2016, CIG Renewables is exploring hydrogen power as a complementary energy solution. The vision for the company is to leverage innovative technologies and strategic partnerships to develop large-scale renewable energy projects that would make a significant impact on reducing carbon emissions.
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Florida Commission Approves A Duke Energy Settlement That Will Increase Electric Rates
Also as part of the settlement, Duke will be able to recoup costs from customers for 12 new solar facilities. The solar increases are projected to total $12 million in 2025, $71 million in 2026 and $58 million in 2027, the utility said last month.
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Florida Considers New Nuclear Power Expansion, First In Decades
As Florida takes steps toward possibly expanding its nuclear energy capabilities, the state and federal efforts reflect a broader push to embrace advanced nuclear technology as a key component of a clean energy future.
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