Continued investments to reliably serve a growing state

Our plan supports investments in critical infrastructure and technology so we can continue delivering reliable electricity, further diversify our energy mix and keep customer bills as low as possible.

Reliable

Critical infrastructure and technology investments

Diversified

Diversified power to protect your bill from fuel price spikes

Economic

Smart investments to keep bills as low as possible
Horizon on Solar Power plant

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.

General Questions

Can you provide an overview of the new base rate plan?

On Feb. 28, 2025, FPL filed a four-year rate request with the Florida Public Service Commission. We know there is never a good time to request an increase, but we are seeking one so we can continue to support customer growth by making smart investments in the grid and in new generation to power our fast-growing state. 

Why is FPL proposing a new base rate plan?

FPL’s current four-year rate agreement concludes at the end of 2025. The process of setting new base rates typically takes about a year, which is why we have started the customary rate-setting process.  

FPL provides a critical service to more than 6 million customer accounts, or approximately 12 million Floridians in 43 counties. Sustained investment in energy infrastructure and technology is vital to powering our communities now and into the future as our state grows. 

Who reviews the proposed four-year base rate plan?

The Florida Public Service Commission (PSC) regulates FPL’s electricity rates. On Feb. 28, 2025, FPL submitted a detailed four-year rate plan to the PSC, which kicks off an extensive public review process before a final PSC vote on the plan. The process of setting new base rates typically takes about a year. 

When would the new rates go into effect?

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

Where can I find additional information about FPL’s 2026-2029 base rate proposal?

You can find additional information about our base rate proposal at the Florida Public Service Commission 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.