- Approved April bill increase reflects hurricane recovery and
fuel costs
- FPL proposes bill decrease in May to reflect projected fuel
savings
- Typical 1,000-kWh residential bill to remain below national
average
JUNO
BEACH, Fla., March 7,
2023 /PRNewswire/ -- The Florida Public Service
Commission (PSC) today unanimously approved adjustments to
Florida Power & Light Company
customer bills beginning in April. The approved rate changes
balance unrecovered fuel and storm costs from 2022 and a recent
decline in projected 2023 fuel costs.
"I know our customers have big expectations for their electric
provider," said FPL President and CEO Armando Pimentel. "They count on Florida Power & Light to keep the lights on
and their home cool. They count on us to maintain a durable energy
grid that stands up to severe weather and, when a storm does cause
outages, they also count on us to restore power safely and as
quickly as possible. Most importantly, they count on us to serve
them while keeping their electric bill as low as possible."
While today's PSC decision will increase bills in April, FPL has
proposed lowering bills in May to reflect $379 million in additional projected fuel savings
in 2023. The company has asked state regulators to consider that
proposal next month.
FPL typical
1,000-kWh residential customer bill
|
FPL
|
|
FPL
Northwest
|
April
2023
(approved)
|
May
2023
(proposed)
|
|
April
2023
(approved)
|
May
2023
(proposed)
|
$144.38
|
$139.95
|
|
$163.30
|
$158.86
|
Customers will pay a temporary storm surcharge for 12 months
beginning in April. State regulators also approved spreading all
hurricane costs from past hurricanes throughout FPL's entire
service area. As a result, the monthly storm charge on a typical
1,000-kWh bill in Northwest
Florida will benefit by $9.54.
Even with the approved increase in April, FPL's typical
residential bill in peninsular Florida will remain well below the
national average and the lowest among Florida's large utilities,
which collectively serve more than 75% of the state's
population.
FPL offers energy-saving tips to customers
With the bill increase taking effect in April, FPL encourages
customers to take steps to lower their bills by monitoring energy
use and making their homes more energy efficient. For example:
- Depending on the season, customers should cool their home at
78° or warmer or heat their home at 68° or cooler. Each degree
customers lower or increase the temperature on their thermostat can
reduce their bill by 5% a month for heating or cooling costs.
- Customers can clean the lint filter in their dryer before each
load to minimize drying time.
- Turn off ceiling fans and lights in unoccupied rooms.
- View daily, weekly and monthly energy use by using the FPL
Mobile App, which is available on the Apple App store, Google Play
or by texting "App" to MyFPL (69375).
- Customers can activate the free FPL Energy Manager tool to
monitor how their home is using energy and identify ways to
save.
- For more helpful tips, customers can visit
FPL.com/waystosave.
Florida Power & Light
Company
As America's largest electric utility, Florida Power & Light Company serves more
customers and sells more power than any other utility, providing
clean, affordable, reliable electricity to approximately 5.8
million accounts, or more than 12 million people. FPL operates one
of the cleanest power generation fleets in the U.S and in
2022 won the
ReliabilityOne® National Reliability Award for the
seventh time in the last eight years. The company was also
recognized in 2022 as one of the most trusted U.S. electric
utilities by Escalent for the ninth consecutive year. FPL is a
subsidiary of Juno Beach,
Florida-based NextEra Energy, Inc. (NYSE: NEE), a clean
energy company widely recognized for its efforts in sustainability,
corporate responsibility, ethics and compliance, and
diversity. NextEra Energy is ranked No. 1 in the electric and gas
utilities industry in Fortune's 2022 list of "World's Most Admired
Companies" and recognized on Fortune's 2021 list of companies that
"Change the World." NextEra Energy is also the parent company of
NextEra Energy Resources, LLC, which, together with its affiliated
entities, is the world's largest generator of renewable energy from
the wind and sun and a world leader in battery storage. For more
information about NextEra Energy companies, visit these websites:
www.NextEraEnergy.com, www.FPL.com,
www.NextEraEnergyResources.com.
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SOURCE Florida Power & Light
Company