Our operating efficiency saves the typical 1,000-kWh residential customer $24 a month. We know the bill you pay is important, which is why we work tirelessly to tighten our own belt.
FPL’s current four-year rate agreement concludes at the end of 2025. The process of setting new base rates typically takes about a year, which is why we are starting the customary rate-setting process now.
FPL provides a critical service to 6 million customer accounts, or approximately 12 million Floridians in 43 counties. Sustained investment in energy infrastructure and technology is vital to powering our communities now and into the future as our state grows.
The Florida Public Service Commission (PSC) regulates FPL’s electricity rates. FPL will submit a detailed four-year rate plan to the PSC as early as February, which will begin an extensive public review process before a final PSC vote on the plan. The process of setting new base rates typically takes about a year.
On Dec. 30, 2024, FPL notified the Florida Public Service Commission of its intent to file a new four-year rate plan. FPL intends to formally file its plan as early as February. The plan will include more details for our customers, including specific customer bill projections. At that point, customers will also be able to see their own proposed bill projection using our online rate calculator.