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Get ready for higher electric bills; Regulators sign off on FPL rate increase deal

State utility regulators Tuesday approved a series of base-rate increases for Florida Power & Light that will result in higher monthly bills for customers in January. Despite opponents’ arguments that residential and small business customers will end up subsidizing costs for some larger customers, the Public Service Commission unanimously supported a four-year rate settlement, which […]

Regulators sign off on FPL rate deal | Palm Coast Observer

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State regulators weigh FPL rate hike

Attorneys for groups challenging a proposed settlement that Florida Power & Light reached with consumer and business representatives to raise base electric rates and add solar energy told state regulators Monday that the requested increase is more than the company needs as Floridians continue to grapple with the COVID-19 pandemic.

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