Florida Public Service Commission Approves FPL’s Comprehensive Rate Settlement Agreement

By  //  December 2, 2016

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increase VOTE was unanimous for four year plan

ABOVE VIDEO: Action News explains the the reason and schedule for the FPL rate hike.

JUNO, FLORIDA – On Tuesday, the Florida Public Service Commission unanimously approved a comprehensive four-year rate settlement agreement developed jointly by Florida Power & Light Company, the state’s Office of Public Counsel and major customer advocacy organizations.

The Florida Public Service Commission today unanimously approved a comprehensive four-year rate settlement agreement developed jointly by Florida Power & Light Company, the state’s Office of Public Counsel and major customer advocacy organizations.

The agreement is expected to keep FPL’s typical bills lower than they were in 2006 through at least the end of 2020

The agreement takes effect in January 2017 and will support continued investments in FPL’s infrastructure, including the implementation of innovative technologies that help reduce and shorten outages, generate power more efficiently and curtail fuel consumption and air emissions.

CLICK HERE TO READ MORE OF THIS STORY IN FPL’s NEWSROOM

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