Florida Power & Light Customer Rates Will Go Down In May

Follow CBSMIAMI.COM: Facebook | Twitter

TALLAHASSEE (CBSMiami/AP) — Your late night Netflix binges will get a little cheaper energy wise when Florida Power & Light starts lowering its rates in May. .

State regulators on Thursday approved lowering FPL rates.

The bill of an average residential customer will go down by about $3 a month. FPL estimates that the typical business customers should see a reduction anywhere from 3-6 percent.

FPL is Florida's largest utility and has approximately 4.7 million customers.

The lower bills are due primarily to a projected decrease in natural gas prices.

(TM and © Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2015 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)