FPL Seeks Up To 28% Increase In Base Rate For Businesses

Florida Power & Light wants to increase its base rate for medium and large businesses by 16 to 28 percent.

The utility provider reported that only about 1 percent of businesses would see the highest percentage increase and added that the rate hike would be offset by projected lower fuel costs.

A decision on the rate hike is expected by November from the Florida Public Service Commission.

Source:  SFBJ

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