Utility regulators approve buck-a-month rate hike for FPL customers
by Dara Kam | January 29th, 2010The Florida Public Service Commission signed off on a $1.03 monthly rate increase for typical Florida Power & Light customers based on 1,000 a month kilowatt hours of usage.
The PSC earlier this month approved a $75 million rate hike for the state’s largest utility that serves about 4 million customers. That was just a sliver of the $1.2 billion rate increase – about $10 a month for residential customers – the Juno Beach-based power company had asked for.
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January 29th, 2010 at 1:51 pm
this only days after the palmbeachpost reports FPL’s 4th quarter profit to be $186 MILLION..
January 29th, 2010 at 2:08 pm
They don’t call them Florida Plunder and Loot (FP&L) for nothing.
January 31st, 2010 at 1:02 pm
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