Browsing: FPL filed its settlement agreement prioritizing corporate customer interests while excluding residential customer advocates from negotiations

Recently, Florida Power & Light (FPL) rejected joining a settlement brought forth by the Office of Public Counsel (OPC), Floridians Against Increased Rates, and EarthJustice — representing Florida Rising and League of Latin American Citizens. The proposal outlines slashing FPL’s rate request nearly in half and lowers the return on equity (ROE) below the current level.