FPL customers would see higher bills over the next 4 years if proposal approved

Nation's largest utility seeks major rate hike

Florida Power & Light has requested major base rate hikes to go into effect starting in 2026.

FPL wants a nearly $9 billion rate hike. What that could mean for customers.

Florida Power & Light, the state’s largest utility, is seeking a nearly $9 billion hike to customers’ base rates over four years, a sum that affordability advocates said represents the largest rate hike request in U.S. history.

Florida Power & Light seeks $9B rate hike with high shareholder profit

Affordability advocates said it is the largest rate hike request in U.S. history.

Florida Power & Light Requests Largest Rate Increase In U.S. History

Today, Florida Power & Light (FPL) filed a Petition for Rate Increase across their 43 county service area to increase rates by $8.961 billion over the next four years in base rates, indicating future increases in 2028 and 2029 due to solar adjustments. FPL customers are already paying over $400 more annually than they were 5 years ago. The proposed rate increase would potentially add an additional $11.52 per month increase in base rates to the 1…

FPL customers would see higher bills over the next 4 years if proposal approved

The base-rate proposal, filed at the Florida Public Service Commission, would lead to increases of $1.545 billion in 2026 and $927 million in 2027.

FPL Proposes Rate Increases

TALLAHASSEE — 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…