High-stakes Florida Power & Light rate hearing begins

In this mention

The Florida Public Service Commission began a two-week hearing on FPL's request for base electric rate increases. FPL seeks increases of $945 million in 2026 and $766 million in 2027 under a proposed settlement reached with multiple stakeholders including the Southern Alliance for Clean Energy. Consumer advocates and the Office of Public Counsel oppose the increases, arguing they would result in unfair and unaffordable rates for customers.