nextera energy

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

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 »

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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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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