utilities

Residential rates would be raised about 2.5% through 2029 under a new rate plan Florida Power & Light said that it plans to formally file. The new rates would be set once the utility's current base rate agreement concludes at the end of 2025.

The Florida Supreme Court rejected a challenge to state regulators’ approval of long-term utility plans aimed at bolstering the electric system to better withstand hurricanes.

Utility leaders say they are responding to a trend of stronger and more unpredictable hurricanes as the 2024 outlook calls for what may be the busiest hurricane season ever.

Existing coal and new natural gas-fired power plants that run more than 40% of the time will have to eliminate 90% of their carbon dioxide emissions.

The Florida Public Service Commission are bring up their concerns to the EPA over a federal proposal aimed at reducing greenhouse-gas emissions from power plants. State regulators argue that the changes could drive up costs for consumers and hurt the reliability of the state’s electric system.

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.

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.

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.

Customers with Florida Power & Light could see a utilities prices hike in April as the company tries to recoup costs related to Hurricane Ian and Hurricane Nicole

Alabama Power and Florida Power & Light hired the consulting firm Matrix to help shape their fortunes. Matrix funded six sites that covered politics, filling a void left by the decline of local news.