![]() The plan also involves integrating the rates of FPL and Northwest Florida’s Gulf Power, which have merged. Additional increases are planned in 20 to pay for solar projects. Under the four-year settlement, FPL will be able to raise rates in 2022 to generate an additional $692 million in annual revenue, followed by increases in 2023 that will generate $560 million in annual revenue. The Office of Public Counsel represents consumers in utility issues. ![]() The Public Service Commission in October unanimously approved the rate settlement, which FPL reached with the state Office of Public Counsel and several organizations that took part in the case. Here's what customers need to knowīill increase: Gulf Power bills are about to increase due to rising fuel costs. ![]() 1: Gulf Power is transitioning to FPL on Jan. “The nature of the order on appeal is a final order of the Florida Public Service Commission authorizing Florida Power & Light Company to increase its rates and thereby to charge its customers several billion dollars in additional base rate charges over the next four years and also to implement certain accounting measures and spending programs that will substantially affect the utility’s customers,” the notice, filed Monday at the commission, said.
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