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FPL Says Customers Will See Lower Bills In 2020 As Clean Energy Helps Lower Costs

The Coral Farms Solar Energy Center in Putnam County can supply enough energy to power nearly 15,000 homes, according to FPL.
The Coral Farms Solar Energy Center in Putnam County can supply enough energy to power nearly 15,000 homes, according to FPL.

Florida Power & Light Company says the typical homeowner’s electric bill will drop nearly $4 beginning in January due to lower operating costs.

“Our long-term investments in state-of-the-art clean energy centers and in zero-emissions solar energy are helping to lower fuel costs and customer bills,” said Eric Silagy, FPL president and CEO, in a news release.

The company announced a major solar expansion at the beginning of this year.

According to FPL, the typical homeowner uses about 1,000 kilowatt hours of electricity per month. Under the current rate a homeowner using that amount of power pays $99.90. Under the new rate that cost will drop to $96.04.

FPL said another reason for the rate reduction was lower natural gas prices.

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