FPL proposes rate increases from 2026-2029, citing growth and infrastructure needs
Florida Power and Light is seeking rate increases each year from 2026 to 2029.The utility detailed the request in a letter to the Florida Public Service Commission.FPL says they intend to ask for increases of about $1.
FPL to ask Florida utility regulators for base rate increases citing state growth
Florida Power & Light on Monday said it will propose a four-year plan to raise base electric rates for customers.
FPL seeks to increase customer rates
Florida Power and Light customers could see a higher bill in years to come.
FPL to seek rate increases, citing customer-driven system demands, inflation
FPL estimated customers will see an average increase to their bills of about 2.5% from 2025 to 2029, an uptick “well below the national average and below many other Florida electric utilities,” the company said. The company’s current four-year rate plan, which the PSC unanimously approved in 2021, ends Dec. 31, 2025.
FPL proposes 4-year plan to raise base electric rates starting in 2026
FPL will seek increases of about $1.55 billion tin 2026 and $930 million in 2027 along with increases in 2028 and 2029
FPL Wants Base Rate Increases
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
FPL to seek base electric rate increases including $1.55 billion in 2026
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.
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