Continued investments to reliably serve a growing state

We’ve filed a settlement agreement that, if approved, would support investments in critical infrastructure and technology so we can continue delivering reliable electricity, further diversify our energy mix and keep customer bills low.

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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

FPL and key stakeholder groups have filed a comprehensive four-year (2026 – 2029) rate settlement agreement with state regulators. 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 proposed agreement and answer any questions.

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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

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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.

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Estimated average annual total bill increase from 2025 to 2029

Estimated average annual total bill adjustment from 2025 to 2029

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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 proposed 2026 – 2029 rate settlement agreement filed with 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 filed with 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.

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 settlement agreement?

On Aug. 20, 2025, FPL filed a comprehensive four-year rate settlement agreement, developed jointly with key stakeholders, to enable FPL to continue to make smart investments on behalf of customers, ensuring it can continue to deliver a resilient energy grid and reliable electricity to power a fast-growing state while keeping bills well below the projected national average. The agreement must be approved by the Florida Public Service Commission (PSC).

When would the new rates go into effect?

If approved, the agreement would cover four years, starting in 2026.

Where can I find additional information about FPL’s four-year rate settlement agreement?

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

What are the next steps by the Florida Public Service Commission?

The Florida Public Service Commission (PSC) was originally set to hear FPL’s case starting on Aug. 11, 2025. With the proposed settlement agreement, the PSC has established new hearing dates, starting Oct. 6, 2025. More details can be found on the PSC’s 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