Florida Public Service Commission

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%.

Details of the potential settlement have not been released, and some parties in the case have not signed on.

Word of a possible settlement adds uncertainty to a closely watched case that has involved FPL seeking rate increases that would lead to customers paying billions of dollars in the coming years.

The Office of Public Counsel, which represents consumers in utility issues, filed a notice that it was appealing regulators' approval of the increases, as did the groups Florida Rising and LULAC Florida.

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

Florida Power & Light says the proposal, covering 2026 to 2029, would enable the utility to continue to deliver reliable electricity, diversify its generation resources to reduce fuel costs and keep bills as low as possible.

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

Staff members of the Florida Public Service Commission recommended proposals that would add about $21 a month for Duke customers and $30 for TECO customers starting in March.

The proposals would lead to customers seeing increases in their monthly bills starting in March and continuing for a year.

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

Young activists believe the Florida Public Service Commission's continued reliance on fossil fuels is a violation of their constitutional rights. It's one of a string of environmental lawsuits filed by kids and teenagers across the U.S. in recent years.

The Florida Public Service Commission, which oversees Tampa Electric, approved rate increases, higher profits, and a new fracked gas plant for MacDill Air Force Base.