JUNE 16, 2025 FPL's latest rate increase could hurt Pines seniors the most BY MIKE HERNANDEZ, Pembroke Pines Commissioner Florida Power & Light (FPL) has requested yet an- other rate increase be ap- proved by the Public Service Commission (PSC), the state...
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JUNE 16, 2025 FPL's latest rate increase could hurt Pines seniors the most BY MIKE HERNANDEZ, Pembroke Pines Commissioner Florida Power & Light (FPL) has requested yet an- other rate increase be ap- proved by the Public Service Commission (PSC), the state board that regulates utilities, justifying it as necessary for investments in infrastruc- ture. In a press release an- nouncing its request, the company’s CEO, Armando Pimentel, correctly notes that FPL has solid reliability in a fast-growing state and is committed to build- ing more solar and clean energy. They are to be commended for that. However, it was just four years ago that FPL re- quested a rate increase that ultimately ended in a settlement — and with the state Supreme Court writing that the PSC failed to thoroughly explain why the increase was in the public interest or how a net income of $4.543 billion — nearly identical today, I either consulted directly for FPL or a trade it was legally justified. to the $4.552 billion i
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