Continued investments to reliably serve a growing state

The Florida Public Service Commission (PSC) approved a four-year rate agreement that enables us to continue to make the smart, necessary investments in the grid to power Florida’s growth—while keeping customer bills well below the national average. 

Read news release

Reliable

Critical infrastructure and technology investments

Diversified

Diversified power to protect your bill from fuel price spikes

Economic

Smart investments to keep bills low

Residential projected bill adjustment calculator

The PSC approved a comprehensive four-year (2026 – 2029) rate settlement agreement that will phase in new rates. The proposed base rate adjustments for business customers vary depending on rate class and usage, so business customers are encouraged to work with their customer advisor to further discuss the agreement and answer any questions.

Let's get started...

Which type of customer are you?

Please select if you are a residential FPL or Northwest FL customer. Then, click next to enter your usage amount.

FPL

FPL Northwest FL

Alright, let’s take a look...

What is your monthly usage?

To calculate your projected bill adjustment, please enter your average monthly usage below in kilowatt-hours (kWh). Then, click next for your four-year breakdown.

Enter usage amount:

kWh

Error: Input field is empty. Please enter a numeric kWh value (e.g., 100).

Where do I find my monthly usage on my bill? Where do I find my monthly usage on my bill?

Estimated average annual total bill increase from 2025 to 2029

Estimated average annual total bill adjustment from 2025 to 2029

0.00

PER DAY

0.00

PER MONTH

FPL’s proposed four-year rate plan strengthens the company’s commitment to proven and disciplined, long-term investments that have measurably improved service while keeping bills low over time. In fact, even with our proposed increase, typical residential customer bills are expected to remain well below the national average.

FPL’s proposed four-year rate plan strengthens the company’s commitment to proven and disciplined, long-term investments that have measurably improved service while keeping bills low over time.

PROJECTED ADJUSTMENT

Start Over

All clause projections have been updated for Settlement Agreement terms and utilize current cost projections as of August 2025. The estimated bill adjustment in 2026 is compared to current FPL rates. Subsequent year bill increases are compared to the year prior and reflect the company’s 2026 – 2029 rate settlement agreement approved by the Florida Public Service Commission. All projected bill adjustment totals include the state’s standard gross receipts tax and Regulatory Assessment Fee but do not include any local taxes or fees that vary by community. The figures provided are estimates and are subject to approval.

All clause projections have been updated for Settlement Agreement terms and utilize current cost projections as of August 2025. The estimated bill adjustment in 2026 is compared to current FPL Northwest Florida rates. Subsequent year bill increases are compared to the year prior and reflect the company’s proposed 2026 - 2029 rate settlement agreement approved by the Florida Public Service Commission. All projected bill adjustment totals include the state’s standard gross receipts tax and Regulatory Assessment Fee but do not include any local taxes or fees that vary by community. The figures provided are estimates and subject to approval.

2018 FPL Smart Grid Commercial in Florida on December 2018.

Staying ahead of the curve

Our operating efficiency saves the typical 1,000-kWh residential customer $24 a month. We know the bill you pay is important, which is why we work tirelessly to tighten our own belt.

Get the facts

General Questions

Can you provide an overview of the four-year rate agreement?

The PSC approved a four-year rate agreement that enables Florida Power & Light Company to continue to make the smart, necessary investments in the grid to power Florida’s growth—while keeping customer bills well below the national average.

When will the new rates go into effect?

New rates take effect Jan. 1, 2026.

Where can I find additional information about the agreement?

You can find additional information about the agreement on the PSC website as well as in the Documents and Resources section of our website.

Documents and Resources

Access the petition, Minimum Filing Requirements (MFRs) and all the documents filed as part of our rate request with the PSC.

PSC website - Docket : 20250011 | Petition & MFRs