The state Supreme Court on Friday turned down an appeal by Florida Power & Light in a case about whether the utility could be required to install underground transmission lines.
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FPL Will Bill You an Extra $40 This Year For Restoring Power During Hurricane Matthew
The state Public Service Commission approved a $318.5 million request by FPL to cover the costs of restoring power after the storm pummeled Flagler and other Florida counties.
Electric Rates Will Go Up 8% on Jan. 1, and 13% by 2018 as Regulators Approve FPL Settlement
FPL rates in Flagler County and across the state will go up substantially over the next three years, starting in January, as the Publci Service Commission approved an $800 million base-rate increase for the utility.
Despite $1.65 Billion Profit in 2015, FPL Seeks 23% Rate Increase Over Next Three Years
The proposal would increase the monthly base rate for a typical residential customer using 1,000 kilowatt hours of electricity from $57 to about $70 by 2020. The Public Service Commission would have to approve.
Don’t Be Fooled: FPL Knocks Off 34-Cent Nukes Charge Only to Prepare for 22.6% Base-Rate Increase
Typical customers will see a 34 cent a month decrease, but FPL is preparing to ask for a huge base-rate increase of 22.6 percent over three years, which will make the savings from the nuclear charge irrelevant.
FPL Bills Customers for Unbuilt Nuclear Plants But Wants Out of Justifying Need
Attorneys for consumers and business and environmental groups are fighting FPL’s request for a waiver from filing an annual analysis about the feasibility of adding two nuclear reactors in South Florida.
Court Deals Blow to FPL’s Already Leaky Nuclear Power Plans at Turkey Point
An appeals court Wednesday overturned a decision by Gov. Rick Scott and the state Cabinet that could have helped clear the way for Florida Power & Light to add two nuclear reactors in Miami-Dade County.
FPL Reports Profits of $1.65 Billion for 2015 But Still Seeks 15% Rate Increase by 2019
Despite the good news to FPL shareholders, FPL has asked for an $8.50-a-month rate increase in 2017, rising to $14-a-month by 2019. The Florida Public Service Commission must approve the rate increases after public hearings.
Starting With $8.50 Increase Next Year, FPL Seeks Monthly Rate Increase of $14 By 2020
The proposal would help cover the nearly $16 billion that the power company has been investing since 2014 to improve its electricity service.
Regulators Again Approve Billing FPL Customers For Unbuilt, Unlicensed Nuke Plants
FPL will charge customers–including most of Flagler County power customers–$34.2 million for a pair of nuclear reactors that have yet to be licensed and may not be built until the end of the 2020s.