See how much your FPL bill will go up next year because of hurricane costs [CBS News]
NextEra Energy, Inc. (NEE)
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Source: CBS News
The state Public Service Commission on Tuesday unanimously approved a $1.2 billion interim recovery package for Juno Beach-based Florida Power & Light, aimed at covering power restoration costs for Hurricanes Debby, Helene and Milton. The money also will help replenish a $150 million storm reserve fund. Jordan Luebkemann, an attorney who represents Florida Rising and the League of United Latin American Citizens, told the commission during Tuesday's meeting that the power company's recovery package will cause residential customers' costs to increase "while large commercial and industrial customers got a break." "Utilities which have participated in the carbon emissions that drive these stronger storms should have more skin in the game in terms of the cost recovery following those storms," Luebkemann added. But Joel Baker, an attorney representing FPL, told the panel that the storm-cost recovery process has been used on "multiple prior occasions." The Miami Beach City Commissio
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NEE
Earnings
- 10/24/24 - Miss
NEE
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- NEE's page on the SEC website