PSC approves contentious $7 billion rate hike for Florida Power & Light customers
The Florida Public Service Commission (PSC) approved a four-year settlement with Florida Power & Light (FPL) Thursday for about $6.9 billion, which opponents claim is the largest rate hike in U.S. history. The investor-owned utility, Florida’s largest with approximately six million accounts totaling around 12 million customers, said in a press release that it will […]