According to a letter from the Citizen for Lower Electric Rates President Mike Hightower, the rate increase that FPL proposed in January 2021 is the largest in the state’s history and should be reconsidered.
Earlier this year FPL provided notice to the Public Service Commission that it intends to seek rate increases totaling $6.6 billion over the first four years. The details provided in FPL’s notice make it clear that this would be the biggest electric rate increase in Florida History, according to the group.
Based on the date of notice, the first day on which FPL can make a formal rate case filing is Friday, March 12, 2021.
The letter sent by Hightower to Eric Silagy, President and CEO Florida Power & Light Company explains that in this time of great turmoil, Floridians shouldn’t be subjected to rate increases.
“Can you imagine if, during this time of unprecedented personal and economic hardship for the people of Florida, Governor DeSantis and the Florida Legislature proposed the biggest tax increase in our State’s history,” he asks. “This is the practical effect of FPL’s planned rate increases, because what FPL is requesting would be the largest electric rate hike in Florida history,” he adds.
Hightower goes on to explain that its time for FPL to put the interests of its customers above those of its profits and abandon plans for the rate increase. You can read the full text of the letter by downloading the PDF below.