Florida: FPL Proposes Lower Electric Bill for 2027

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Florida Power & Light has asked the Public Service Commission (PSC) to set the typical household bill at $141.87 a month starting in January 2027. That is $1.18 less than the amount approved under the four-year settlement reached in 2025.

The rate applies to a household that uses 1,000 kilowatt-hours of electricity a month. FPL had previously estimated the January 2027 bill at $143.05. According to NBC Miami, at that level of use the change would mean savings of about $14.16 over the course of a year.

The company attributes the lower forecast to greater operational efficiency, investments in generation infrastructure and lower projected natural gas costs. FPL is asking the PSC to reduce the fuel charge on bills to reflect cheaper gas.

The proposal also includes a new line item on bills: a temporary charge of $3.48 a month for every 1,000 kWh of use. It is meant to cover the cost of restoring power after Hurricane Isaias and to replenish the company’s storm reserve. According to FPL, the lower fuel charge and other adjustments mean the typical bill would remain below the amount projected a year earlier, despite the previously approved increases in base rates and the proposed storm charge.

If the PSC approves it, the hurricane-related charge would be in effect from January through December 2027. The revised rates will take effect only after the commission approves the request. For now, it is the company’s proposal, not a final decision by the regulator.

The filing follows the PSC’s approval in October 2025 of a four-year rate settlement. In a statement, FPL President Scott Bores said the company’s modern generation fleet and focus on efficiency are helping keep bills below earlier projections, even while covering the costs of the hurricane response.

Source: Sun Sentinel

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Source: Słoneczne Radio

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