Regulators to decide if FPL’s home customers should pay more so businesses can save

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Florida Power & Light is seeking a $1.53 billion rate increase through 2025, with a proposed settlement that would increase residential customer bills while reducing rates for large commercial and industrial users. The Southern Alliance for Clean Energy signed onto the settlement, which includes $2 billion in additional solar expansion and $200 million for electric vehicle charging infrastructure. Environmental advocates and consumer groups oppose the deal, arguing it unfairly shifts costs to residential ratepayers.