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Proposal To Reform How The Florida PSC Sets Energy Rates Advances In Senate

Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

The SB 126 bill would require the Florida Public Service Commission to justify rate increases for investor-owned utilities and to consider affordability when making rate decisions. It was filed just weeks after the PSC approved a nearly $7 billion rate increase for FPL, affecting about 12 million customers and marking the largest rate hike in state history.

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Regulators Approve FPL Rate Settlement, But Opponents Expect To Keep Fighting Plan

Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

The Florida Public Service Commission signed off on an agreement, which FPL negotiated with several business groups and large energy users. The deal includes base-rate hikes of $945 million in 2026 and $705 million in 2027, with additional charges in 2028 and 2029 tied to solar and battery-storage projects.

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State Public Service Commission Scheduled To Decide Whether To Approve Proposed Settlement FPL Reached With Businesses And Groups

Environment, Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

The settlement has drawn opposition from the state Office of Public Counsel—which by law represents consumers—as well as several consumer advocacy groups.

State Public Service Commission Scheduled To Decide Whether To Approve Proposed Settlement FPL Reached With Businesses And Groups Read More »

Sides Line Up On FPL Rate Hike; ‘Stability’ Versus ‘Extravagance’

Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

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.

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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

Environment, Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

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.

Largest Utility In U.S. Proposes Massive Rate Increase Over Four Years, Sparking Debate On Profit Margins And Customer Impact Amid Shareholder Guaranteed Profits Read More »