NextEra Energy Inc. announced that the Florida Public Service Commission has approved a four-year rate agreement for its subsidiary, Florida Power & Light Company $(FPL)$, covering the years 2026 through 2029. The agreement, developed with a coalition of customer groups, allows FPL to continue investing in grid infrastructure to support Florida's growth, while keeping customer bills below the national average. Under the new rates, a typical 1,000-kWh residential customer bill in most of Florida will increase by $2.50 per month in 2026, while bills in Northwest Florida will remain relatively flat. The new rates will take effect on January 1.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextEra Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: FL29411) on November 20, 2025, and is solely responsible for the information contained therein.