Florida Power & Light proposing new four-year rate plan
Florida Power and Light will soon be proposing its new four-year rate plan and it looks like customers could see a gradual increase in their bills. FPL’s current rate agreement doesn’t conclude until the end of 2025.
FPL to file for new rate plan, would raise residential rates 2.5% through 2029
Residential rates would be raised about 2.5% through 2029 under a new rate plan Florida Power & Light said that it plans to formally file. The new rates would be set once the utility's current base rate agreement concludes at the end of 2025.
FPL to seek increase in base electric rates over four years
FPL will seek increases of about $1.55 billion that would take effect in 2026 and $930 million that would take effect in 2027.
Florida Power & Light Proposes 4-Year Plan To Increase Base Electric Rates
Florida Power & Light (FPL), the state's largest electric utility, announced on Monday that it will seek to increase base electric rates over the next four years. The proposal, filed with the Florida Public Service Commission (PSC),
FPL to seek rate increases, citing customer-driven system demands, inflation
FPL estimated customers will see an average increase to their bills of about 2.5% from 2025 to 2029, an uptick “well below the national average and below many other Florida electric utilities,” the company said. The company’s current four-year rate plan, which the PSC unanimously approved in 2021, ends Dec. 31, 2025.
FPL proposes 4-year plan to raise base electric rates starting in 2026
FPL will seek increases of about $1.55 billion tin 2026 and $930 million in 2027 along with increases in 2028 and 2029
FPL Wants Base Rate Increases
FPL will seek increases of about $1.55 billion that would take effect in 2026 and $930 million that would take effect in 2027, according to a letter filed with the Florida Public
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Florida Power & Light Seeks New Rate Hike in Request to Florida Public Service
Florida Power & Light Company today notified the Florida Public Service Commission (PSC) that it plans to file a formal request to set new rates once its current base rate agreement concludes at the ...
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Why FPL is asking the state to raise your electric bill
Florida Power and Light notified the Florida Public Service Commission it will request new rates after its current base rate ...
FPL to seek new rate plan to power growing state with unmatched combination of high reliability and low bills
Florida Power & Light Company today notified the Florida Public Service Commission (PSC) that it plans to file a formal request to set new rates once its current base rate agreement concludes at the ...
Duke, Tampa Electric seek storm costs
Most of the money would pay for the costs of restoring power after hurricanes Debby, Helene and Milton this year, though ...
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Traverse City Light and Power honored for Hurricane Milton response
On Dec. 4, Traverse City Light and Power (TCLP) received a national commendation from the American Public Power Association for its support in electric power restoration efforts in Florida.
Sea cows on the move: manatees making annual migration inland as water temperatures cool
Manatees will spend the next several months swimming to and from warm water retreats in Florida as their nature requires ...
Looking for place to charge your electric vehicle? FPL has an app − and stations − for that
Florida Power & Light's EVolution app allows you to scan the QR code on a public charger and then plug in to charge your vehicle.
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Florida Power Companies Seek $1.55 Billion From Customers To Cover Hurricane Recovery Costs
Duke Energy Florida and Tampa Electric Co. have filed proposals with the Florida Public Service Commission (PSC) to recoup a ...