SACE Statement on Florida Power & Light 2025 Rate Case Settlement

On August 11, 2025, the Florida Public Service Commission (PSC) voted to grant Florida Power & Light Company (FPL) a suspension of its scheduled rate hearing, granting the utility time to finalize a rate increase settlement agreement proposed earlier this year. This is the first rate case for FPL since 2021, and it will cover the four-year period moving forward. FPL currently provides electricity to over 6 million customers across Northwest and peninsular Florida.

SACE as an intervenor has carefully considered all information available in the case, and our statement outlines why we support the settlement. You can read the statement below: 

SACE’s joining the 2025 FPL Rate Case settlement is consistent with our continued support of FPL’s efforts to diversify its generation mix away from being approximately 70 percent dependent on methane gas power plants. We also support FPL’s growth of advanced storage technologies which increase flexibility and reliability to its system. FPL’s investment in solar and storage will reduce fossil fuel consumption and improve environmental performance through lower carbon emissions – critical given Florida’s vulnerability to flooding and extreme climate events. 

SACE also supports FPL’s efforts to improve electric-powered mobility which can lower transportation energy cost for consumers by decreasing the demand for gasoline and diesel.

We share concerns about rising electricity cost to consumers, and while the rate case is a contributor, SACE believes rising fuel costs, regressive state and federal tax policy, and ineffective energy efficiency policies are collectively more impactful to customers’ electricity bills. FPL’s long-term commitment to diversify away from reliance on methane gas is needed to avoid future electricity bill increases. 

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Utility Decarbonization Florida