Latest Headlines
- FDOT Updates Status Of Century Highway 29 Construction Work
- Tate Grad, UWF Standout Darrien McDowell Selected In 2024 MLB Draft
- Suspect, 19, Indicted For Fatal Drive-By Shooting Of 70-Year-Old
- Blue Angels Select Officers for 2025 Show Season
- ECSO: McDavid Woman Claims Crockpot ‘Magically Makes Meth”, Charged With Child Neglect
- Driver’s License, Tag, Tax Collector Services This Week In Walnut Hill, Century
- Florida Gas Prices Hold Steady Over Last Week
- Register Now For Northview Chiefs Football Camp
- Wahoos Drop Back-and-Forth Road Finale
- Walnut Hill Man Was The Boss Of The Pensacola Beach Air Show. Here’s A Behind The Scenes Look.
State Approves FPL Rate Decrease
November 10, 2023
The Florida Public Service Commission (PSC) has approved amended interim storm restoration charges and requests to replenish the storm reserve fund for Florida Power & Light Company (FPL) Interim storm restoration recovery charges include costs associated with named storms and are subject to refund, with interest, pending further review once the total actual costs are known for each utility.
FPL’s storm recovery amount was reduced from $1.5 billion to $1.3 billion for costs associated with Hurricanes Ian and Nicole. PSC-approved charges for a 1,000 kWh residential bill will change from $15.30 to $6.65, effective January 2024 through March 2024. This reflects a monthly decrease of $8.65 and includes replenishing FPL’s storm reserve.
Utilities typically point to a benchmark of residential customers who use 1,000 kilowatt hours of electricity a month. Such FPL customers have been paying $15.30 a month for the storm-related costs, but that number will be reduced to $6.65 in January, according to the commission.
Comments