Florida Regulators Approve Massive Utility Rate Hike — Advocacy Groups Call It the Largest in U.S. History
Florida regulators have approved a sweeping multiyear rate increase for Florida Power & Light (FPL), triggering what consumer advocates say will be one of the most expensive electricity cost hikes ever imposed on customers.
The Florida Public Service Commission (PSC) voted this week to approve a four-year settlement that allows FPL to collect nearly $1.6…
