Florida Power & Light

Details of the potential settlement have not been released, and some parties in the case — including the state Office of Public Counsel, which is designated by law to represent consumers — have not signed on.

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.

Florida Power & Light’s proposed rate hike will have its first hearing on Monday before the Florida Public Service Commission. Ahead of the hearing, consumer activist groups held a press briefing to press the PSC to reject it.

A culture of fear has persisted at a Florida nuclear power plant owned and operated by the state’s largest utility, according to a federal inspection report completed last fall.

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.

State regulators approved a plan that will trim Florida Power & Light customers’ monthly bills because of lower-than-expected natural gas costs, while Duke Energy Florida and Tampa Electric Co. said they will seek similar reductions.

Environmentalists say nuclear regulators and Florida Power & Light used outdated sea level rise projections in extending operating licenses for Turkey Point to mid century.

If Biden had said that during the Obama administration, the federal government invested hundreds of millions of dollars in electrical-related projects, he would have been on firmer ground. But that’s not what he said.

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.

The Florida Supreme Court heard arguments in two challenges to the Florida Public Service Commission’s approval in late 2021 of the four-year settlement, which began increasing FPL customers’ rates last year.

The idea of shifting oversight of municipality utilities onto state regulators in the Florida House has flared debate about municipal utilities serving customers in unincorporated areas.