TALLAHASSEE, Fla. (AP) — The state's consumer advocate says he'll oppose an agreement that Florida's largest utility has made with groups representing business and federal agency customers.
Florida Power & Light Co. announced the agreement Wednesday. It would cut the utility's request for a base rate increase from $690.4 million a year to $378 million beginning in January if approved by the Florida Public Service Commission.
Public Counsel J.R. Kelly, though, says that includes additional base rate increases as new power plants later come on line. Kelly said those increases weren't part of the company's original request.
FPL officials said much of the base rate increase would be offset at least initially by a reduction in fuel adjustment fees. They also acknowledged those charges might go up in the future.