fpl

Florida’s Rate-Hike Revolt Shows The Cost Of Politically Favored Power

The frustration behind Florida’s rate-hike revolt is understandable. But if policymakers want to provide real relief, they may need to look beyond limiting utility profits and reconsider why customers are being asked to fund preferred energy projects through subsidies and special regulatory treatment.

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

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

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

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Florida Has The 4th Highest Power Bills In The US, According To MarketWatch

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?

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Florida Says No To $400M In Federal Solar Energy Incentives

A $7 billion grant “competition” to promote clean energy in disadvantaged communities by providing low-income households with access to affordable solar energy was introduced by President Joe Biden earlier this year, but none of that money will reach Florida households. Gov. Ron DeSantis decided to pass on the $400 million up for grabs by choosing to opt out of the opportunity.

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Florida Utility Storm-Protection Costs Draw Challenge

Representing consumers in utility issues, the state’s Office of Public Counsel launched a challenge to the approval of costs that electric utilities would be able to recoup in 2023 from customers for storm-protection projects. The first step was taken in appealing to the Florida Supreme Court on a Dec. 12 order by the state Public Service Commission approving the costs.

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