Sides line up on FPL rate hike; 'Stability' versus 'extravagance'

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Florida Power & Light has proposed multibillion-dollar base-rate increases for 2026–2029, claiming the investment is necessary to maintain reliability and serve 335,000 new customers. Opponents including the Office of Public Counsel, the Southern Alliance for Clean Energy, and the Florida Industrial Power Users Group argue the proposal is excessive and unaffordable, with the Office of Public Counsel estimating cumulative customer costs of $9.819 billion over current rates. The Public Service Commission is scheduled to hold a hearing on the proposal beginning August 11, 2025.