Gulf Power And Florida Power & Light To Ask State To Approve Merged Power Rates

January 12, 2021

Florida Power & Light Company (FPL) plans to file a formal request in the coming months for new base rates for all customers, including Gulf Power.

FPL’s parent company NextEra purchased Gulf Power in 2019, and the companies legally merged on January 1, 2021. FPL now serves 5.6 million customer accounts from Miami to Pensacola across more than half of Florida.

Through the consolidation of FPL and Gulf Power, the typical residential customer bill in Northwest Florida is projected to decrease by the end of FPL’s proposed four-year rate plan. FPL customers currently pay $99 for the 1,000-kWh typical bill bench mark, while Gulf Power customers pay $140.

The proposal FPL plans to file with the Florida Public Service Commission will include:

  • In 2022, an adjustment to base rates to generate approximately $1.1 billion.
  • In 2023, another adjustment would generate approximately $615 million.
  • In 2024 and 2025, a request will be made to recover solar projects each year. That, FPL estimates, will cost customers $140 million in both 2024 and 2025, which would be partially offset by a reduction in fuel costs on customer bills.

FPL said monthly customer would still remain below the national average if the PSC approves the plan.

While now part of FPL, the Gulf Power name will remain for now in Northwest Florida.

Comments

18 Responses to “Gulf Power And Florida Power & Light To Ask State To Approve Merged Power Rates”

  1. Richard warner on February 14th, 2021 1:41 pm

    My bill went up 40.00 from last month but that’s because I used more power than last month. There is probably more to the story that you people are not telling everyone. I’m not defending the power company but you might want to look at the rate charge it’s has not gone up you are just using more power.

  2. Nicki Frank on February 6th, 2021 10:02 am

    Charged over 1500 for one month. Then only showing a paid history of 700. Where I have bank statements that add up to more than 1000. Complained to BBB and now have my power being threatened to be cut off in less than a week unless I pay over 3000.

  3. Tamara on January 17th, 2021 8:39 am

    My bill went up almost half what a joke. Projected to double next month. And the gulf power website is a joke. My bills have never been this high its ridiculous.

  4. fisherman on January 16th, 2021 6:02 pm

    I feel the rates went up due to so many business closing.and the regular customers are paying what gulf power lost. Lights Bill’s going up.its gona be very hard on people.even if we get another s in simulis check it will not cover the badics.

  5. MR REALITY on January 14th, 2021 11:27 pm

    They need to make our rates the same os the other companies rates AND DO IT NOW!!!! This is REDUCKULESS!!! Not only are we STILL PAYING FOR THE COAL SCRUBBER WE WILL NO LONGER USE….WHY didnt GULP do this BEFORE….HUMMMMMMMMMM Why didnt gulp get off coal and then LOSE A FORTUNE on natural gas futures…It was a LOSE-LOSE for the customer…..

  6. William Lingo on January 13th, 2021 3:50 pm

    There has been plenty of money to upgrade the infrastructure but its wasted on paying exorbitant salaries to executives and other board members. Why do they keep installing above ground transmission lines that are destroyed easily, when they can run those same lines underground!!!

  7. M in Bratt on January 12th, 2021 7:56 pm

    @Brian; It’s pretty obvious from your comment that you have not had the need to talk to GP. I am in the process of building a home in GP service area. There are things that have to be signed off and by their engineering dept in the building process. The engineering dept. has to be contacted through their automated phone system.Messages are recorded, and calls never returned. I have been through months of trying to get them to do what they are supposed to do, (since before Sally). Meanwhile a new house sits empty waiting on GP. The idea of customer service died when Florida Power bought Gulf Power

  8. Brian on January 12th, 2021 12:04 pm

    Why are so many people upset with FPL customer service? If you’re having to use their customer service that often, then it may be you with the issue. Most people only call customer service to start or stop service, or reset a password.

  9. Denny on January 12th, 2021 11:22 am

    With the increase in wind farms where they get their energy for free, they want to pass it on to us with a two billion dollar increase over the next five years.

    Mike, I agree. They switched me over to getting my bills online without my consent. My only recourse was to figure out online how to go back to paper, and their website stinks.

  10. Imagine That on January 12th, 2021 11:09 am

    How about some freedom f choice and not having a monopoly on power supply. Competition breeds better rates.

    Other states allow freedom of choice when it comes to choosing power providers and their rates are great.

  11. Fredtp on January 12th, 2021 9:18 am

    When FPL bought Gulf Power I knew all this was gong to happen. When they bought them I told wife “we are in trouble now”, and everything is happening like I said.

  12. tg on January 12th, 2021 9:03 am

    Dont believe the “We Are Here To Help You” message.

  13. np630ss on January 12th, 2021 8:34 am

    I was a customer of FPL for years in Central FL. They were often referred to as Florida Plunder and Loot. If they are examining some sort of “rate merger”, get ready for a hike. I was not a fan of FPL. I’m still not. Get ready. The worst is yet to come.

  14. SDG on January 12th, 2021 8:30 am

    It sounds to me- like they want to rob Floridians without a weapon. I don’t understand how it is acceptable for them to continue to increase rates when there is truly no improvement (only decline to service).
    Im sorry you have an aging infrastructure – but did you not save and plan for this?
    And then to give a statement like: Lower than the national average – is political rhetoric.
    It still does not make it right and you still sit back and draw in millions and millions of dollars on the backs of citizens that simply can’t afford another rate hike.
    “I guess – we all need to seriously look at finding other power sources” Solar, Hydro, Wind and not on your grid!

  15. $140 Rate payer on January 12th, 2021 8:26 am

    $140 vs $99, wow. I bet their existing customers are not so happy about the merge.

  16. Just saying on January 12th, 2021 8:13 am

    Mike is right, as an Electrical Contractor I now tell people stop saying Gulf Power.
    Gulf Power had good customer service, if a power disconnect was needed to make a repair made one phone call and left a message and if the time requested wasn’t available they phone you with a different time. Now your on the phone for almost an hour and my last request for time I had to wait almost two weeks because the slot was filled. So FPL name needs to be used now don’t cuss Gulf Power almost 100 year old name.

  17. Pensacola Native on January 12th, 2021 7:47 am

    Ever since they merged the service had been horrendous!!! Especially the lack of communication in their office among employees!! No one knows what they are doing!! You talk to 3 different people and you get 3 different responses!!!!

  18. Mike O'Farrell on January 12th, 2021 1:34 am

    While they are looking at rates, they might want to look at the new automated telephone customer service system, now the only way to contact Gulf Power. It is without doubt the most user-unfriendly, frustrating system, apparently designed to limit customer complaints and problems by making it so difficult to work with that one just eventually gives up.





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