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.

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?

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.

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.