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After jettisoning a “counter proposal,” state regulators Monday waded into a rate case that could lead to Florida Power & Light customers paying billions of additional dollars in the coming years.
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The state Office of Public Counsel, which is designated by law to represent utility customers, and allied consumer groups urged the Florida Public Service Commission this week to reconsider a decision that dismissed the counter proposal.
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FPL quickly criticized the new proposal, which was filed Tuesday by the state Office of Public Counsel — an agency designated in law to represent consumers in utility issues — and four groups that are parties in the FPL case.
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The developments late Friday afternoon added 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.
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Florida Power & Light on Friday filed a proposal that would lead to higher electric bills for customers over the next four years, with the utility pointing to issues such as growth and a need to build more solar-energy facilities.
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The funding is part of a nearly $3.7 billion allocation to the Low Income Home Energy Assistance Program through next September.
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In 2022, American consumers faced the highest electricity costs in more than 40 years, due to inflation, a rebounding economy and fuel-related repercussions from the Ukraine conflict.
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FPL filed a petition at the state Public Service Commission that would trim increases proposed to take effect in April. FPL’s filing came two days after Duke Energy Florida filed a similar petition based on natural-gas prices.
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State regulators Tuesday approved utility costs that will translate to higher electric bills in January for homeowners and businesses — and the pain won’t end there.
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Inflation eased slightly in August thanks to falling gasoline prices, but the cost of many essentials continues to climb, including soaring power bills that are straining family budgets.
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Florida Power & Light filed a petition at the state Public Service Commission that detailed expected costs in 2023. If the commission approves the proposal, it would result in higher monthly bills in 2023.
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Unpaid electric bills ballooned during the pandemic to more than $27 billion, and many now face the risk of having their power shut off.