The Florida Supreme Court recently heard arguments in two challenges to the Florida Public Service Commission’s approval in late 2021 of the four-year settlement, which began increasing FPL customers’ rates last year. The Supreme Court typically takes months to issue rulings after hearing arguments. CLICK ON THE HEADLINE FOR MORE
Utilities have traditionally been allowed to recover costs from customers after hurricanes, and a rate agreement approved last year by the Florida Public Service Commission contemplates FPL being able to make such a proposal. Depending on the timing, the restoration costs could add to electric bills that are already expected to increase next year for customers. CLICK ON THE HEADLINE FOR MORE
The state’s biggest utility is building a 176-mile line that may be unsuitable or even unneeded. Its design minimized scrutiny. Critics see a pattern. CLICK ON THE HEADLINE FOR MORE
In order to fund $29 billion in planned improvements, FPL stressed that typical bills for residential and small- to medium-sized business will remain “well below” the national average through 2025, even with the proposed rate hikes. CLICK ON THE HEADLINE FOR MORE
Get the latest industry news and information delivered right to your email inbox!