Across South Florida, developers who once raced to capitalize on a booming rental market are now quietly putting entitled multifamily development sites up for sale, citing rising interest rates, construction costs, and tenant concessions.
Why Developers Are Selling South Florida Multifamily Sites Read More »
Opposition is already mounting against the utility company’s petition that was filed in February outlining a base rate increase of $8.9 billion and could exceed $10 billion if additional solar and battery storage projects planned for 2028–2029 are approved.
FPL Seeking Record-Setting Utility Rate Hike Starting In 2026 Read More »
The Florida Public Service Commission is set to hold a potentially contentious hearing in September to evaluate how much FPL customers will pay for electricity over the next four years. The utility company says its proposed base-rate hikes are essential to support growth and maintain system reliability but critics argue the multibillion-dollar plan is excessive and must be scaled back.
Sides Line Up On FPL Rate Hike; ‘Stability’ Versus ‘Extravagance’ Read More »
Experts estimate that demand is growing by nearly 3% annually, with even sharper spikes during the summer months. In fact, last year’s summer peak demand jumped by 10 gigawatts—twice the increase seen the year before.
As Electricity Demand Surges, Smarter Load Management Becomes Critical For Buildings Read More »
If approved, the rate hike would gradually increase customer bills through 2029. FPL argues that the higher rates are necessary to ensure reliable service and to support infrastructure expansion in response to Florida’s rapidly growing population.
FPL Rate Hike Plans Spark Debate Ahead Of Hearing Read More »
One major factor accelerating the crisis is the expansion of Fannie Mae’s “blacklist,” which now includes over 1,400 Florida condo associations.
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.
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.
Florida Solar Farm Supplying Clean Energy To 12 Cities Across The State Read More »
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.
Florida Power Bills Set To Soar In 2025 After Regulator Approvals Read More »
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?
Florida Has The 4th Highest Power Bills In The US, According To MarketWatch Read More »