State approves FP&L rate increase


ORLANDO, Fla. - Florida Power and Light customers will see their power bills go up.

Thursday, state regulators approved a base rate increase for FP&L that will be implemented over four years.

It’s part of a settlement between FP&L and some business customers.

The rate increase was about $150 million less than what the company originally asked for.

Customers will see their rates increase by nearly $10 a month by the end of 2016.