Florida Power & Light

Florida Power & Light's proposed rate hike will have its first hearing on Monday before the Florida Public Service Commission. Ahead of the hearing, consumer activist groups held a press briefing to press the PSC to reject it.

FPL is seeking approval from the regulatory commission for increases of $1.545 billion in 2026 and $927 million in 2027.

Florida Power & Light on Friday filed a proposal that would lead to higher electric bills for customers over the next four years, with the utility pointing to issues such as growth and a need to build more solar-energy facilities.

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.