FPL Rate Increase Case Paused as Settlement Details Await

FPL rate increase case paused as settlement details await

State regulators Monday paused a closely watched case about increasing Florida Power & Light’s base electric rates.

FPL proposed rate increase now on hold, but for how long?

A big meeting was held Monday in Tallahassee involving the state’s largest power provider, Florida Power and Light.

FPL Rate Case Put on Hold

TALLAHASSEE — State regulators Monday paused a closely watched case about increasing Florida Power & Light’s base electric rates after the utility and numerous parties announced Friday they had reached a “settlement in principle.”

FPL rate case put on hold | Santa Rosa Press Gazette

By Jim Saunders Details of the potential settlement have not been released, and some parties in the case — including the state Office of Public Counsel, which is designated by law to represent consumers — have not signed on. FPL is expected to file the details by Aug. 20, which would lead to the Florida Public Service Commission holding a hearing this fall that would include testimony and arguments about whether the settlement should be approved…