FPL rate settlement reduces request by nearly a third, limits average annual bill increases to 2%, maintains consumer protections

JUNO BEACH, Fla., Aug. 20, 2025 /PRNewswire/ -- Florida Power & Light Company and 10 key stakeholder groups filed a comprehensive four-year rate settlement agreement with state regulators today that significantly reduces FPL's original revenue request while keeping residential customer bills well below the projected national average through the end of the decade.The agreement, which is subject to Florida Public Service Commission (PSC) approval, cuts FPL's four-year revenue request by approximately 30% – sh ...