FPL

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.

An appeals court said Wednesday that Florida Power & Light can face a class-action lawsuit stemming from power outages in Hurricane Irma, which barreled up the state in 2017.

Florida Power and Light will increase rates in the state by up to 10.3%, after the Florida Public Service Commission, which regulates private utilities, approved rate increases for three electric companies that serve the state.

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 Florida Supreme Court is scheduled to hear arguments over Florida Power and Light's increased rates.

Eric Silagy, the CEO of Florida Power & Light unexpectedly announced his retirement. The company said the move was not connected to a burgeoning political spending scandal.

After pouring workers and equipment into restoring electricity after Hurricane Ian, Florida Power & Light expects to seek approval to recoup about $1.1 billion from customers, officials said Friday. It was not immediately clear when FPL will file a proposal at the Florida Public Service Commission — or how the proposal would affect customers’ monthly bills.

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.

Florida’s primary energy provider is ready to launch a powerful new technology, just ahead of the busiest weeks of the Atlantic hurricane season. The new fixed-wing drone is designed to fly into tropical storm force winds and speed the restoration of electricity after severe weather.

Wednesday, Aug. 10 will mark the maiden voyage of a new large-scale drone that Florida Power & Light plans to use to better assess damage and restore power more quickly after a hurricane.

When Florida Power & Light faced a spate of bad publicity and political blowback, a small but ambitious news website called the Capitolist sprang to the public utility’s defense. Unbeknownst to readers, FPL president and CEO Eric Silagy was secretly running things at the Capitolist.