FPL Reaches Potential Rate Settlement

FPL reaches potential rate settlement

TALLAHASSEE — With a high-stakes hearing scheduled to start Monday, Florida Power & Light and numerous parties have reached a “settlement in principle” on a plan for base electric rates over the next four years, the utility said Friday.

FPL rate hike case may be headed for settlement. Battle tied to bills of millions of Floridians.

Florida Power & Light, along with several groups representing business interests, have proposed settling the utility’s historic rate case, which would bring an end to a battle that affects the electric bills of roughly 12 million Floridians.

FPL, industry groups propose settlement over utility's $8.9 billion rate hike request

Facing serious opposition to its proposed U.S. record $8.9 billion rate hike, Florida Power and Light and "stakeholders" propose settlement ahead of hearing.

Public Service Commission schedules hearing on proposed FPL rate increase

If approved, the total revenue increase over the four years would be $9.9 billion, nearly double their last increase in 2021.

FPL Reaches Potential Rate Settlement

TALLAHASSEE — With a high-stakes hearing scheduled to start Monday, Florida Power & Light and numerous parties have reached a “settlement in principle” on a plan for base electric rates over the next four years, the utility said Friday.

FPL's New 4-Year Rate Settlement Promises Lower Electric Bills Through 2029 - Key Details Revealed

FPL secures crucial rate agreement with major stakeholders, ensuring below-average customer bills through 2029. Multiple consumer groups back the 4-year plan. See full details.