Fpl Rate Increase 2024

Fpl Rate Increase 2024. The proposed agreement reflects a nearly 40% reduction in fpl's proposed january 2022 base rate revenue increase, from $1.1 billion to $692 million, driven partly. In addition to base rates, the totals include costs for such things as.

After approval by the commission, the fpl settlement led to a $692 million rate increase in january 2022 and another $560 million hike in 2023. The psc approved fpl’s request to reduce the fuel charge on customer bills to reflect lower prices for natural gas used at some fpl.