FPL bills to increase because of fuel costs news4jax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news4jax.com Daily Mail and Mail on Sunday newspapers.
By Jim Saunders/News Service of Florida
Apr 1, 2021
With natural gas costing more than expected, Florida Power & Light customers will see increases in their monthly bills starting in May.
The state Public Service Commission on Thursday approved a request by FPL to collect $302.5 million from customers to cover additional costs of fuel for power plants. Also Thursday, the commission approved a pilot program that will involve Tampa Electric Co. installing about 200 charging ports for electric vehicles.
Fuel costs make up a major part of customers’ monthly bills, and utilities are supposed to pass through those costs without profiting. Each fall, the commission approves estimated fuel costs. But utilities can return to the commission to seek increases in customer bills if fuel costs are substantially higher than projected.
By Jim Saunders/News Service of Florida
Apr 1, 2021
With natural gas costing more than expected, Florida Power & Light customers will see increases in their monthly bills starting in May.
The state Public Service Commission on Thursday approved a request by FPL to collect $302.5 million from customers to cover additional costs of fuel for power plants. Also Thursday, the commission approved a pilot program that will involve Tampa Electric Co. installing about 200 charging ports for electric vehicles.
Fuel costs make up a major part of customers’ monthly bills, and utilities are supposed to pass through those costs without profiting. Each fall, the commission approves estimated fuel costs. But utilities can return to the commission to seek increases in customer bills if fuel costs are substantially higher than projected.
FPL Bills Going Up In May | 105 5 The Beat iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.