Electric Utilities

What do rising power bills, soccer fans, highway chaos and Tampa’s twist on Oktoberfest have in common? They’re all part of today’s “Florida Matters: Live & Local,” with Matthew Peddie.

A study shows electric bills would be as much as 18% lower than Duke Energy's rates.

St. Petersburg Mayor Ken Welch has already discussed a 10-year contract extension with Duke Energy to “ensure reliable service and build the substantial capital plan required for municipal electric utility acquisition and operation.”

Florida Power & Light and 10 key stakeholder groups filed a comprehensive four-year rate settlement agreement with state regulators that reduces FPL's original revenue request by approximately 30%.

FPL is seeking approval from the regulatory commission for increases of $1.545 billion in 2026 and $927 million in 2027.

Said Commissioner Vince Nowicki, who introduced the legislation: “I think we have a duty to look at this through the DOGE lens that this board passed 6 to 1 just a few weeks ago.”

Florida Rising and LULAC Florida filed notices that they were appealing the Public Service Commission's rate approval to the Florida Supreme Court.

The Florida Public Service Commission approved the rate hikes as they look to recover costs related to last year's hurricanes.

Friday is Florida Arbor Day, and the utility is giving away 1,000 trees to highlight "planting the right tree in the right place to keep the power flowing."

There are vendor-neutral resources for people intimidated by pushy salespeople or unfamiliar terminology.

Residential customers who use 1,000 kilowatt hours of electricity a month will see their monthly bills increase from $136.44 to $145.58.

Tampa Electric estimates it could seek to recover up to $55 million related to Helene and $370 for Milton.