JUNO
BEACH, Fla., April 4,
2023 /PRNewswire/ -- State regulators today
unanimously approved a decrease to Florida
Power & Light Company rates beginning in May to reflect
projected fuel savings.
"Our customers count on us to keep bills as low as possible –
that's especially important as we all deal with inflation and
rising costs for food and rent and other basics," said Armando Pimentel, president and CEO of FPL. "As
fuel prices have moderated, we are pleased to pass through the
savings to customers. Importantly, we continue to encourage
customers to use FPL's free tools to save energy and make their
bill even lower."
FPL is reducing fuel charges – which are a direct passthrough
from which the company does not profit -- by $379 million for the remainder of the year due to
lower-than-expected natural gas prices. As a result of the Florida
Public Service Commission's approval, the typical 1,000-kWh
residential customer bill will fall by about 3% from May through
December, as compared to current approved rates. Typical business
customer bills will decrease 3% to 4%, depending on rate class.
FPL typical
1,000-kWh residential customer bill
|
FPL
|
|
FPL
Northwest
|
Current
|
May
2023
(approved)
|
|
Current
|
May
2023
(approved)
|
$144.38
|
$139.95
|
|
$163.30
|
$158.86
|
Even before the May decrease, FPL bills in peninsular Florida
were well below the national average and among the lowest of all of
Florida's electric utilities.
FPL offers energy-saving tips to
customers
While bills will decrease in May, FPL
encourages customers to take steps to lower their bills even more
by monitoring energy use and making their homes more
energy-efficient. For example:
- Cool your home at 78° or higher. Each degree you increase the
temperature on your thermostat can reduce your bill by 5% a month
for cooling costs.
- Clean the lint filter in your 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).
- Activate the free FPL Energy Manager tool to monitor how your
home is using energy and identify ways to save.
- For more helpful tips, 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