The Sunshine State’s leading electricity provider will seek new rate increases next year it says are necessary to expand its systems, accommodate a surging customer base and adjust for inflation. Florida Power & Light (FPL) told the state’s Public Service Commission (PSC) it will formally request new base rates on Feb. 28, triggering what has customarily been a one-year process that will decide the company’s rates from 2026 through 2029. A lette…

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NW Natural wants another general rate increase

NW Natural cites inflation, higher interest rates, investments in filing with Oregon Public Utility Commission.

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Pointing to issues such as growth and a need to continue expanding its system, Florida Power & Light on Monday said it will propose a four-year plan to raise base electric rates.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 Service Commission. It also will seek additional money in 2028 and 2029 to pay for solar-ene…

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FPL wants to raise electric rates to help cover growing Florida customer base

TAMPA, Fla (WFLA) -- Florida Power and Light is looking to increase utility bills by 2.5% from 2026 through 2029. The four-year plan aims to protect customers from fuel price volatility and keep bills as low as possible. In 2025, the company is expecting to charge customers a $12-a-month storm surcharge for the entire year.  Tampa Electric, or TECO, filed with the Florida Public Service Commission (PSC) to recover the $464 million cost from the …

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Tampa

Hillsborough County

TECO customers could see $30 increase in bills and 2.5% increase for FPL customers

Pointing to issues such as growth and a need to continue expanding its system, Florida Power & Light on Monday said it will propose a four-year plan to raise base electric rates. 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 Service Commission. It also will seek additional money in 2028 and 2029 to pay for solar-en…

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FPL to seek base electric rate increases including $1.55 billion in 2026

TALLAHASSEE — Pointing to issues such as growth and a need to continue expanding its system, Florida Power & Light on Monday said it will propose a four-year plan to raise base electric rates. 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 Service Commission. It also will seek additional money in 2028 and 2029 to pa…

Orlando Sentinel

Alden Global Capital

FPL proposes 4-year plan to raise base electric rates starting in 2026

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), cites significant customer growth, increased infrastructure costs due…  Florida Power & Light Proposes 4-Year Plan To Increase Base Electric Rates

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Florida Power & Light Proposes 4-Year Plan To Increase Base Electric Rates

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FPL to seek rate increases, citing customer-driven system demands, inflation

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Deerfield Beach

Broward County

FPL will seek base-rate increases, citing customer growth and aim to expand system

The new four-year rate plan would take effect once its current base rate agreement concludes at the end of 2025.

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Florida Power & Light seeks 2.5% base rate increase by 2029

Pointing to issues such as growth and a need to continue expanding its system, Florida Power & Light on Monday said it will propose a four-year plan to raise base electric rates.

FPL to seek rate increases, citing customer-driven system demands, inflation

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