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News Story
Updated: 12/04/2013 01:19:03AM

Regulators OK FPL rate hike

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TALLAHASSEE — Customers of Florida’s largest utility will soon start paying more on their power bills.

State regulators on Tuesday approved changes requested by Florida Power & Light that will raise the average residential bill nearly $5 a month.

The increase takes effect in January.

A typical customer who uses 1,000 kilowatt hours a month would see their bill go from $95.20 a month to $99.95 a month. FPL has roughly 4.6 million customers in the state.

A spokesman for FPL pointed out that the utility still has the lowest rate among the state’s 55 electric utilities. One of the main reasons for the rate change is an increase in how much the utility pays for fuel. Fuel charges are passed on directly to consumers with no markup.


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