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PSC Approves FPL Rate Schedule Increase
November 20, 2025
Thursday morning, the Florida Public Service Commission approved a Florida Power & Light comprehensive four-year rate settlement agreement with state regulators. The agreement reduces FPL’s original revenue request by nearly one-third.
The agreement uts FPL’s four-year revenue request by approximately 30%, keeping Northwest Florida rates nearly flat for a couple of years. The agreement, developed in collaboration with a broad coalition of customer groups, sets rates for 2026 through 2029.
In Northwest Florida, the typical residential customer bill will drop nearly $2 next year, going from the current $143.60 to $141.36 in 2026. In the ret of Florida, the typical 1,000-kWh residential customer bill will increase by $2.50 a month, or about 2%, from the current $134.14 to $136.64.
The settlement significantly scales back FPL’s initial rate request.
Beginning in 2027, FPL customers in NorthWest Florida will pay the same rates as the remainder of the state. Panhandle customers will see an overall average monthly increase of $6.79 by the end of the four-year agreement, while the rest of the state will have increased by $14.01.
“We appreciate the Florida Public Service Commission’s thorough review of our rate plan. Today’s vote enables FPL to continue to deliver some of America’s most reliable electric service and meet the needs of our fast-growing state—and we project will keep customer bills well below the national average through the end of the decade,” said FPL President and CEO Armando Pimentel. “As we begin our second century of serving Florida, approval of this plan is a win for our customers and a win for the entire state.”
Comments
10 Responses to “PSC Approves FPL Rate Schedule Increase”
Yep, here we go again. With all these solar panels taking up acres & acres around the state you would think that would help & keep our rates down, but no FPL rate increases to put money into the pockets of the board members & stockholders along with the PSC in my opinion. DeSantis appoints the PSC board members & the senate approves them. I don’t think the PSC is looking after the citizens of FL. It seems all crooked.
I wish Gulf power was still taking care of Escambia county’s energy needs.
Since FPL took over my bill has doubled my service goes out all of the time, and now they want to raise the rates again.
What the hell is going on here??
Of course another hike. ..ridiculous
Who is surprised…
To everyone complaining about this increasing cost (on top of everything else going up), my advice to you: work harder and make more money! This is the Golden Age of America! There is no reason every hard working American shouldn’t have an overflowing bank account. Affordability has never been better!
Looks like FL has no real PSC.
No hurricanes this year,,everytime you turn around the power company wants a raise.When is enough is enough,by the time this plays out they will want another raise. I wish we had some politians that would standup to these people and say NO,they get there way every time. Senior citizens on a fixed income ,its gotten out of hand it is harder to pay your bill now.
The biggest rip off in the state of Florida and it’s legal to rip all Floridians off
Wow! All of this green energy sure is helping our pockets!
Nice, more screwing of the towns people by big corporation