Also as part of the settlement, Duke will be able to recoup costs from customers for 12 new solar facilities. The solar increases are projected to total $12 million in 2025, $71 million in 2026 and $58 million in 2027, the utility said last month.
Florida Commission Approves A Duke Energy Settlement That Will Increase Electric Rates Read More »
Florida utility customers could get some relief in 2024. The three major private electric utilities — Florida Power & Light, Duke Energy Florida and Tampa Electric Co. — plan to lower customer bills,
Florida Utilities Plan To Lower Customer Bills In 2024. Here’s How Much You Might Save Read More »
The Florida Supreme Court recently heard arguments in two challenges to the Florida Public Service Commission’s approval in late 2021 of the four-year settlement, which began increasing FPL customers’ rates last year. The Supreme Court typically takes months to issue rulings after hearing arguments.
Florida Supreme Court Questions State’s Approval Of Rate Hike For FPL Read More »
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
FPL To Seek $1.1 Billion In Hurricane Ian Costs Read More »
The push by Florida utility regulators for legislative changes to conduct portions of public hearings in secret stems from a recent Duke Energy Florida case shrouded in secrecy. CLICK ON THE HEADLINE FOR MORE
Although FPL touted its nearly $3 billion upgrade that took 10 years as a success, Hurricane Irma knocked out power for 90 percent of its customers. CLICK ON THE HEADLINE FOR MORE
FPL Spent $2.78B On Grid Upgrades, But Customers Doubt They Got Their Money\’s Worth Read More »
A ruling by the Florida Public Service Commission is requested by Nov. 30, so the terms can take effect by Jan. 1. CLICK ON THE HEADLINE FOR MORE
FPL Agrees To Reduce Rate Hike Request Read More »
The Florida Supreme Court just ruled that state regulators exceeded their authority when they allowed FPL to charge customers for its speculative investment in PetroQuest Energy Inc., an Oklahoma-based fracking company. CLICK ON THE HEADLINE FOR MORE
FPL’s Fracking Charge On Customer Bills Is Blasted By Florida Supreme Court Read More »
Although the percentage of gas FPL buys through hedging is confidential, it spends more than $3 billion a year on natural gas to run its power plants passing the cost directly to customers. CLICK ON THE HEADLINE FOR MORE
Natural Gas ‘Hedge’ Cost FPL Customers $4.2B Read More »
Florida alliance members have resorted to a ballot effort because they say elected officials in Florida have failed to develop a comprehensive clean-energy policy and utilities have used their monopoly position and lobbying muscle to stifle competition from the solar industry. CLICK ON THE HEADLINE FOR MORE
In The Sunshine State, A Power Struggle Over Solar Plays Out Read More »