Florida Power & Light’s plan to generate $4.9 billion in new revenue over four years faces a challenge in the state Supreme Court, but consumers shouldn’t expect any delay in rate hikes set to begin next month.
The group Floridians Against Rate Increases (FAIR), which was formed earlier this year to oppose FPL’s requested four-year rate plan, on Monday filed a notice of administrative appeal that by law must be heard by the state Supreme Court.
The appeal, which has not yet been filed, will argue that the Florida Public Service Commission exceeded its authority when it approved “certain rate-making procedures” within the rate plan, FAIR’s attorney, Robert Scheffel Wright, said Monday.
Read more at our news partner the South Florida Sun Sentinel.
