STATE NEWS

FPL customers to see lower storm costs

State regulators have approved a proposal that will reduce the amount of storm costs passed along to FPL customers.

  • By Jim Saunders, The News Service of Florida
  • | 5:00 a.m. November 10, 2023
Electricity pylons and high-voltage power lines. Photo from Adobe Stock
Electricity pylons and high-voltage power lines. Photo from Adobe Stock
  • State Government
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After Florida Power & Light said the tab for restoring electricity after Hurricane Ian and Hurricane Nicole was lower than expected, state regulators Thursday, Nov. 9, approved a proposal that will reduce the amount of storm costs passed along to customers.

The Public Service Commission unanimously approved the proposal, which FPL filed in September. It will mean that from January through March, FPL customers will see a decrease in the part of their bills that goes for storm-related costs.

Utilities have long been able to pass along costs linked to preparing for storms and restoring power. They typically seek what is known as an “interim” approval that allows them to start collecting estimated costs, before coming back later with an accounting of actual costs.

 

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