TALLAHASSEE (AP) – The typical monthly base rate for Florida Power & Light customers will increase by at least $2.59 in January. However, overall rates will not increase thanks to increased fuel savings.
The Public Service Commission on Tuesday approved the $246 million annual rate hike.
The increase passes on costs associated with expanding two nuclear power plants that have become operational to FPL customers. It will more than offset a $1.65 monthly decrease the commission approved on Monday for nuclear projects not yet completed.
The figures are for a customer using 1,000 kilowatt hours in a month.
The commission also is considering a proposal to increase base rates by $4.10 in January and $1.74 in June. Overall rates, though, would not increase in January due to fuel savings. The June increase would be about $1.
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