The first week of hearings on Florida Power & Light’s proposed $7 billion rate hike is wrapping up in the state capital.
If the Florida Public Service Commission approves the four-year plan, the average customer who now pays $134 a month would see their bill rise to $136.50 in 2026.
Bills could rise by 2029
By the fourth year of the increase, in 2029, average monthly bills would rise another $8, according to FPL.
“In the past 10 years, my costs have doubled. I once paid a thousand dollars a month; now I pay two thousand a month,” said business owner Julian Siegel…