Florida Power and Light, Florida
FPL 2026-2029 rate settlement
Approved Base rate case, docket 20250011-EI before the Florida Public Service Commission.
As published, for a home using 1,000 kWh a month.
What happens next
The new rate took effect January 1, 2026 and is already on your bill. How rate cases work.
What it means for your bill
$
Florida Power & Light and consumer groups reached a four year rate settlement covering 2026 through 2029, approved by the Florida Public Service Commission on November 20, 2025. New base rates took effect January 1, 2026, and FPL says the roughly 4.245 billion dollar, four year agreement is meant to keep bills for a typical 1,000 kWh residential customer well below the national average. A 1,000 kWh residential bill rose to about 136.64 dollars a month under the new rates, a roughly 2 percent increase from 2025.
What it means for your bill: Your FPL base rate is now set under a settlement running through 2029, though fuel and storm charges can still move separately.
- Status
- Approved
- Utility
- Florida Power and Light
- Commission
- Florida Public Service Commission
- Docket
- 20250011-EI
- Filed
- August 20, 2025
- Approved
- 2% residential, $4245 million a year
- Typical bill change
- +$2.50 a month at 1,000 kWh on a $137 bill
- Decided
- November 20, 2025
- On bills from
- January 1, 2026
- Last checked
- August 29, 2026
Common questions
How much will my Florida Power and Light bill go up?
Adds about $3 a month on a typical bill. As published, for a home using 1,000 kWh a month.
When would the new rates start?
They already did, on January 1, 2026.
When is the hearing?
No hearing date is on record for this case.
How do I comment?
The comment period closed once this case was decided; its result is above.
Sources
- Florida regulators approve FPL rate agreement that keeps customer bills low, meets needs of growing state, FPL Newsroom, 2025-11-20
- Docket No. 20250011-EI, Joint motion for approval of settlement agreement, Florida Public Service Commission, 2025-08-20
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