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.
Regulators Approve FPL Rate Settlement, But Opponents Expect To Keep Fighting Plan Read More »
The draft ordinance proposes financial incentives for developers and homeowners, introducing a point-based system that awards reductions in building permit fees for incorporating environmentally friendly design features such as passive solar design, natural ventilation, and sustainable materials.
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The settlement has drawn opposition from the state Office of Public Counsel—which by law represents consumers—as well as several consumer advocacy groups.
Data centers have become the physical backbone of the AI revolution—but their growth comes with complex trade-offs. As they reshape landscapes, communities, and natural resources, the question isn’t just how big this boom will get—but what it will cost.
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Don’t blame AI or Trump. In a healthy energy market, rising demand would be met by new investment in reliable, affordable power. But instead, U.S. generation capacity is being throttled by artificial constraints.
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The Public Service Commission hearing is scheduled during the weeks of Oct. 6 to Oct. 10 and Oct. 13 to Oct. 17.
FPL Rate Hike Proposals Spark Debate Before Public Service Commission 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.
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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 »