FLORIDA – Florida Power & Light (FPL), the nation’s largest utility, has proposed significant increases to its electric rates, which could result in higher monthly bills for customers in the coming years.
The utility filed documents with the Florida Public Service Commission (PSC) on Friday, requesting approval to raise its rates due to inflation, growing infrastructure needs, and an expanding customer base.
FPL anticipates adding 335,000 new customers by 2029, necessitating updates to its infrastructure…