Another electric bill hike in Florida?
Dear Christopher,
On September 2, Florida's largest electric utility monopolies, FPL, Duke Energy and Tampa Electric, filed petitions with the Florida Public Service Commission to increase electric rates in 2023. If the Public Service Commission approves these rates, your electric bill could go up — in some cases by as much as 15% per month.
What is the Public Service Commission?
Gov. DeSantis has appointed four out of the five Public Service Commissioners
The Public Service Commission is made up of five Commissioners, all appointed by the Governor of Florida and approved by the Florida Senate.
Their job is to regulate the state’s utility companies: electricity, telephone, water, waste, etc. Their mission: “To provide a regulatory process that results in fair and reasonable rates while offering rate base regulated utilities an opportunity to earn a fair return on their investments.”
But lately, the PSC has approved some of the biggest electric rate hikes in Florida history.
If you’re tired of the PSC rubber stamping these rate increases, send the commissioners an email using our action tool.
What the Rate Hike Petitions Mean For You:
Duke Energy estimates a 15.15% monthly rate increase
Tampa Electric Company estimates a 10% monthly rate hike:
FPL estimates a 7.9% monthly rate hike (for customers not in Northwest Florida):
FPL estimates a 3.1% increase for customers in Northwest Florida (former Gulf Power territory):
News Coverage About This:
Your Florida electric bill is likely to increase in 2023: Here's why (WESH)
In Florida, your power bill could get increase come 2023 as utility companies say they are struggling with the increased costs of natural gas.
Many Florida utilities' electric bills are likely to increase in 2023 - (WUFT News)
Florida residents and businesses likely will get hit with higher electric bills in 2023 as utilities continue to struggle with increased costs of natural gas.
Electric bills likely to increase in 2023 in Florida (Tampa Bay Times)
The utilities also could seek to pass along higher-than-expected fuel costs from this year, though they are holding off on making such requests.
Thanks for reading. And thank you for taking action. You can visit our website for more ways to take action and keep up to date on what we are doing.
Sincerely,
Christopher and the rest of the team at Opportunity For All Floridians