Caloosahatchee News Box Archive

Rate Increase for FPL 2016-11-30

In a move thwarting solar users, the Public Service Commission approved an electric rate hike costing customers $63 more a year, even those using no net utility power at all. FPL gets $200 million per year more, giving shareholders at least 11% annual returns, well above the 9.5% national average. Florida Politics

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