- Typical 1,000-kWh residential bill will be more than
$14 lower in May than it was in
March.
- Typical 1,000-kWh residential bill in Northwest Florida in May will be the lowest in
nearly five years.
JUNO BEACH, Fla., April 2, 2024 /PRNewswire/ -- Florida Power & Light Company customers will
see a second consecutive month of rate decreases after state
regulators today unanimously approved the company's request to
reduce fuel charges on bills beginning in May.
As a result of today's vote by the Florida Public Service
Commission (PSC), a typical 1,000-kWh residential customer bill
will be more than $14 lower in May
than it was in March. Individual bills vary based on customers'
energy usage.
April rate decrease: FPL customers began seeing
lower rates this month because a temporary surcharge to recover
restoration costs from past hurricanes ended March 31. That reduced a typical 1,000-kWh
residential customer bill by nearly $7.
Approved May rate decrease: The PSC approved FPL's
request to reduce the fuel charge on customer bills to reflect
lower prices for natural gas used at some FPL power plants to
generate electricity. That means a typical 1,000-kWh residential
customer bill will fall about $7.70
beginning in May.
A word from FPL President and CEO Armando Pimentel: "We remain committed
to providing reliable energy and keeping customer bills as low as
possible. Back-to-back rate reductions are good news for customers.
As ever, but especially as the days get warmer, we encourage
customers to make their bills even lower by taking advantage of
tools and tips from our energy experts to help reduce energy
usage."
Rates + usage = monthly bill: A customer's monthly bill
is determined by rates approved by the Florida Public Service
Commission and by the amount of electricity the customer uses.
Bills tend to increase in warmer months as customers use more air
conditioning. FPL offers tools and tips to reduce energy
consumption at 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 5.9
million accounts, or more than 12 million people. FPL operates one
of the most fuel efficient and 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 by Escalent
in 2022 as one of the most trusted U.S. electric utilities 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 2023 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