Settlement Talks Pause FPL Rate Hike

FL Advocates Slam FPL's Secret Settlement

FL  – On Monday afternoon, the Florida Public Service Commission (PSC) indefinitely postponed Florida Power & Light’s (FPL) nearly $10 billion rate case. Two weeks of expert testimony was set to begin on Monday afternoon, but FPL argued that their witnesses are now protected by non-disclosure, given the company’s newly announced settlement with corporate customers. The Office of Public Counsel and residential customer advocates were excluded fro…

FPL reaches last-minute agreement on utility rates

AARP representatives drop off 34,000 petitions opposing a utility rate increase. Aug. 11, 2025. (Photo by Jay Waagmeester/Florida Phoenix)Florida Power & Light has reached an 11th-hour “agreement in principle” with parties objecting to its proposed four-year, $10 billion rate increase, but the details remain undisclosed. The investor-owned utility made the announcement Friday, just three days before the Public Service Commission was scheduled to…

Settlement talks pause FPL rate hike

The settlement deals with potentially the largest rate hike in U.S. history.

Public hearings over FPL’s rate case delayed as settlement proceeds

Monday was supposed to mark the beginning of two weeks of continuous — and probably contentious — public hearings over Florida Power & Light’s nearly $10 billion request to hike its customers’ base rates on their electric bills, the largest requested hike in American history. Instead, regulators on the Florida Public Service Commission pressed pause on the case’s progress in the public eye. That’s because the utility company on Friday announced …

Public hearings over FPL’s $10B rate case delayed as settlement proceeds

Florida utility regulators promised consumer advocates they’d still get full ‘due process.’

FPL rate hike on hold as Florida regulators await new settlement agreement

A proposed multi-billion-dollar rate increase from Florida Power & Light (FPL) is now on pause as the Florida Public Service Commission (PSC) holds off on a decision pending the filing of a revised agreement from the utility giant.What was expected to be a days-long technical hearing on FPLs original request which could have led to whats been called the largest utility rate hike in U.S. history has been suspended, with the PSC waiting to review …