Fpl Rate Increase 2024. In addition to base rates, the totals include costs for such things as. The decision will raise base rates $692 million in january and another $560 million in 2023, with additional increases in 2024 and 2025 to pay for solar projects.
The proposed agreement reflects a nearly 40% reduction in fpl’s proposed january 2022 base rate revenue increase, from $1.1 billion to $692 million, driven partly. The plan would lead to a $692 million increase in base electric rates in january and another increase of $560 million in 2023, with additional increases in 2024.