fpl rates

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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FPL To Seek $1.1 Billion In Hurricane Ian Costs

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

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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