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Rising Power Costs Add Jolt To Holiday Season Electric Bills

It’s normally a time of cheer and family and celebration. But thanks to inflation, there’s a little less cheer depending on how much you jolt up your home for the holidays. And compared to last year, national kWh cost were up 13%, while prices in Florida were up 18%, thanks to increased power costs. CLICK ON THE HEADLINE FOR MORE

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FPL To Seek $1.1 Billion In Hurricane Ian Costs

Utilities have traditionally been allowed to recover costs from customers after hurricanes, and a rate agreement approved last year by the Florida Public Service Commission contemplates FPL being able to make such a proposal. Depending on the timing, the restoration costs could add to electric bills that are already expected to increase next year for customers. CLICK ON THE HEADLINE FOR MORE

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Leaked: US Power Companies Secretly Spending Millions To Protect Profits And Fight Clean Energy

One industry consulting firm has influenced politics across Florida, Alabama and at least six other states Hundreds of pages of internal documents – which are only coming to light now because Matrix’s founders are locked in an epic feud – detail the firm’s secret work to help power companies like FPL protect their profits and fight the transition to cleaner forms of energy. CLICK ON THE HEADLINE FOR MORE

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FPL’s Holiday Surprise: $810 Million Bill Increase For Families To Pay For Fossil Gas

If FPL\’s request is approved at a December 7 Agenda Conference by the Florida Public Service Commission, starting on January 1, 2022, the fuel portion of a customer bill will spike by 23.56% and the increase will last through the year. CLICK ON THE HEADLINE FOR MORE

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FPL Wants To Raise Your Rates To Generate $2 Billion In New Revenue

Customers could be paying about 15% more for their electricity by 2025. The company says the rate increases will be necessary to help pay for more than $29 billion FPL is investing during the four-year period from 2019 through 2022. CLICK ON THE HEADLINE FOR MORE

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Important Solar Tax Credits For Businesses Will Be Cut In Half By 2022

The solar tax credit, which is a dollar-for-dollar reduction in income taxes, has already fallen to 26% thorough 2020 and will be only 22% in 2021.  By 2022, the tax credit for commercial properties will be a mere 10% and zero for residences. CLICK ON THE HEADLINE FOR MORE

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