Here's How Much FPL's Historic Rate Hike Will Cost Florida Residents
FLORIDA, AUG 5 – Florida Power & Light seeks nearly $10 billion over four years to modernize energy sources and expand capacity, with residential bills rising up to 12.4%, regulators to decide in August.
9 Articles
9 Articles
Advocates Blast FPL's Request for Nearly $10 Billion Rate Hike as 'Greed'
Consumer activists said Tuesday that the proposed $9.8 billion rate hike that Florida Power & Light (FPL) is asking for is excessive and should be rejected by state regulators. In February, FPL, the state’s largest public utility servicing approximately 12 million people, submitted a four-year request for the Public Service Commission (PSC) to set new rates once its current base rate agreement expires at the end of this year. FPL is, with rare e…
FL Press Conference Talked National Implications of FPL Rate Hike Request
Florida – Tuesday afternoon, consumer advocates, legal experts, and Congressional Representative Kathy Castor (D-FL) held a press conference that highlighted the national and statewide implications of Florida Power & Light’s near-$10 billion rate hike proposal. If approved, this would be the largest utility rate hike in U.S. history. Advocates and experts are calling on the Public Service Commission to ensure fair, just, and reasonable rates fo…


Advocates blast the nearly $10 billion rate hike sought by Florida Power & Light
Consumer activists argue a proposed four-year, $9.8 billion rate hike for Florida Power & Light (FPL) is asking for this year is excessive and should be rejected by state regulators. (Via Florida PSC)Consumer activists said Tuesday that the proposed $9.8 billion rate hike that Florida Power & Light (FPL) is asking for is excessive and should be rejected by state regulators. In February, FPL, the state’s largest public utility servicing approxima…
Activists sound alarm on potential billion dollar Florida Power & Light rate hikes
Next week, the Florida Public Service Commission will consider nearly $10 billion in rate increases for Florida Power and Light customers. Environmental advocates are sounding the alarm not only for FPL customers, but for people all over the state and nation. Advocates say PSC commissioners are on the side of big utility companies, not the public. In a conference call, Brooke Ward, Senior Florida organizer at Food & Water Watch, pointed to last…
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