FPL to ask Florida utility regulators for base rate increases citing state growth
Florida Power & Light on Monday said it will propose a four-year plan to raise base electric rates for customers.
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 proposes rate increases from 2026-2029, citing growth and infrastructure needs
Florida Power and Light is seeking rate increases each year from 2026 to 2029.The utility detailed the request in a letter to the florida pub
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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