Florida Power & Light

Florida Power & Light customers likely will face increased monthly bills in 2025 after the utility Tuesday requested approval to collect nearly $1.2 billion to cover costs of restoring power after hurricanes Debby, Helene, and Milton and to replenish a storm reserve fund.

The Florida Public Service Commission on Wednesday approved utilities collecting more than $1.1 billion from customers for projects aimed at bolstering electric systems to better withstand storms.

Florida Power & Light is replacing power poles as part of ongoing storm hardening effort

State regulators Tuesday approved a settlement that will lead to Florida Power & Light providing a $5 million credit to customers in a case involving what are known as “replacement” power costs because of outages at nuclear plants.

Pointing to lower-than-expected costs of natural gas, Florida Power & Light on Wednesday asked state regulators to approve a proposal that would reduce customer bills in May.

Utility regulators Tuesday signed off again on a 2021 settlement that increased base electric rates for Florida Power & Light after the state Supreme Court required a more detailed justification of the agreement.

An appeals court said Wednesday that Florida Power & Light can face a class-action lawsuit stemming from power outages in Hurricane Irma, which barreled up the state in 2017.

State regulators Tuesday signed off on plans that will lead to millions of utility customers seeing increased electric bills in April because of hurricane costs and higher-than-expected natural gas prices last year.

Florida’s Public Service Commission, the state agency that oversees utilities, voted Tuesday to pass a draft rule on energy efficiency that environmental advocates say doesn’t go far enough to modernize the outdated rule.