FPL files proposal to hike base rate
Read full article: FPL files proposal to hike base rateThe proposal calls for a $1.1 billion increase in base-rate revenues in 2022 and a $607 million increase in 2023. Utilities typically use a benchmark of residential customers who use 1,000-kilowatt hours of electricity a month, though actual usage varies widely. Utilities typically use a benchmark of residential customers who use 1,000 kilowatt hours of electricity a month, though actual usage varies widely. AdSuch Northwest Florida residential customers, meanwhile, would see their bills go from $132.41 in January 2021 to $133.21 in January 2022, the projections show. Base-rate cases are among the most closely watched issues at the Public Service Commission, as they involve large amounts of money and extensive financial and technical details.