State approves FPL rate hikes to strengthen power grid beginning in 2026

Florida has approved rate hikes for Florida Power Light they say will help strengthen the state s power grid The rate hike which will begin Jan will start with an increase by or a month per household From there the rates will incrementally increase reaching a near increase per month by FPL says the increase is necessary to strengthen the state s power grid and help them meet Florida s growing population demand Critics say this is the largest rate hike in U S history and specific plan to go to court to fight the planned rate hikes