State hearings begin for proposed FPL rate hike

Critics of FPL come out swinging at rate hike hearing

FPL's CEO said the new rates are needed for safe and efficient service. Critics called FPL's proposal a 'betrayal of the customers they claim to represent.'

Hearings Begin Over FPL's Proposed Rate Increase

FPL’s originally proposed base rate hike in February would have allowed it to collect $9.8 billion in revenue over the next four years — the highest in U.S. history. Since then, that has been negotiated down by approximately $2.9 billion — still far too high, energy advocates argue. The post Hearings Begin Over FPL’s Proposed Rate Increase appeared first on FlaglerLive.

Florida Power & Light Rate Hike Hearing Begins, Customer Groups Blast 'Unjust' Bill Increases

The Florida Public Service Commission (PSC) has begun what could be a two-week hearing on Florida Power & Light’s (FPL) request to increase base electric rates, which could result in customers paying billions of additional dollars from 2026 through 2029. FPL President and CEO Armando Pimentel, the utility’s opening witness, defended the plan, citing a […] Florida Power & Light Rate Hike Hearing Begins, Customer Groups Blast ‘Unjust’ Bill Increas…

PSC opens hearings on Florida Power & Light’s latest rate increase proposal

Solar farm via Florida Power & Light, 2022.The Florida Public Service Commission (PSC) began the first phase of technical hearings in Tallahassee Monday for Florida Power & Light’s (FPL) proposed rate hike for its approximately 12 million customers. FPL’s originally proposed base rate hike in February would have allowed it to collect $9.8 billion in revenue over the next four years — the highest in U.S. history. Since then, that has been negotia…

State hearings begin for proposed FPL rate hike

The proposal, if approved, would increase the average household bill as early as next year.

High-stakes FPL rate hearing starts

After jettisoning a “counter proposal,” state regulators Monday waded into a rate case that could lead to Florida Power & Light customers paying billions of additional dollars in the coming years.