FPL proposes another rate reduction beginning in July

FPL proposes another rate reduction beginning in July

May 19, 2023

After an initial rate reduction early on in May, Florida Power & Light is proposing another rate decrease, this time a $256 million cut to take effect in July.

“This is more positive news for our customers,” said Armando Pimentel, president and CEO of FPL. “We know that every dollar counts for our customers, and we are pleased to propose another rate reduction. At the same time, we continue to encourage our customers to use FPL’s tips and free tools to help save energy and money.”

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