Florida Approval of Power Company's Agreement Helps Accelerate Solar Buildout

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The Florida Public Service Commission unanimously approved Florida Power & Light Company's four-year rate settlement agreement, which was developed jointly with multiple stakeholders including the Southern Alliance for Clean Energy. The agreement supports FPL's "30-by-30" plan to install 30 million solar panels in Florida by 2030 and includes investments in electric vehicle infrastructure, battery storage, and green hydrogen projects. The settlement keeps residential customer bills below the national average while accelerating clean energy investments.