FPL rate hike approved - biggest in utility's history. State Public Service Commission approved $7B rate hike Thursday (FPL originally requested $10B over 4 years, settlement reduced 40% after public outcry). Average customers: $2.50/month increase starting Jan 2026, similar increases rest of decade. Critics: worsens affordability crisis (bills already up 45% since 2021), cuts rates for large commercial users while residents pay more. PSC Commissioner: 'some provisions give me heartburn.' FPL: n
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FPL rate hike approved - biggest in utility's history. State Public Service Commission approved $7B rate hike Thursday (FPL originally requested $10B over 4 years, settlement reduced 40% after public outcry). Average customers: $2.50/month increase starting Jan 2026, similar increases rest of decade. Critics: worsens affordability crisis (bills already up 45% since 2021), cuts rates for large commercial users while residents pay more. PSC Commissioner: 'some provisions give me heartburn.' FPL: n
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