On Friday, FPL requested a $9 billion rate hike to customers' base rate over 4 years. FPL said this rate hike is for a couple of reasons: inflation and keeping up with Florida's growing population.
Florida Power & Light President and CEO Armando Pimentel said the rate hike request “would enable FPL to continue to make smart investments in the grid and in new generation resources to benefit ...
FPL’s rate increase request for the next four years went to the state Public Utility Service Commission Friday. If approved, the state’s largest utility would collect $1.54 billion more in ...
Also, FPL would pass along costs to customers in 2028 and 2029 for solar-energy and battery-storage projects. “Continued growth and the need for additional generation are among the principal ...
The subsidiary of the state's largest utility, called FPL Home, was first introduced it in 2004, and now it’s become FPL Home’s most popular home protection product, company officials say.
FPL is requesting a rate increase that would result in a 14% increase over 2024 for the typical customer. Consumer advocacy groups are criticizing the proposed rate hike, calling it "egregious.