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On February 28, 2025, Florida Power & Light (FPL) filed a base-rate increase proposal with the Florida Public Service Commission (PSC) to significantly raise customer bills over the next four years.
More than 12 million Florida residents face the largest electric rate increase in U.S. history, with potentially steep hikes in their utility bills. FPL is proposing an increase that will impact many Floridians, especially seniors on fixed incomes.
FPL is also requesting up to 11.9% allowable profit or Return on Equity (ROE)—far exceeding the national average of 9.5%.
READ THE RELEASE
SIGN the petition
SEND your comments to the PSC
What Does This Mean for You?
- Residential customer bills can expect the following monthly base rate increases using 1,000 kWh per month
Region 2026 2027 2028 2029 Projected average bill increase in 2029 compared to current rates Peninsular Florida +$8.23 +$5.92 +$1.64 +$2.06 +$17.85 Northwest Florida +$3.50 +$1.19 +$8.39 - 20% increase of the residential monthly minimum base bill from its current level of $25 to $30 monthly for all residential customers. This is an additional increase in the amount customers must pay, even if their individual billing components are less than $30.
- The rate case does not consider other costs passed on to customers, such fuel surcharge increases, nuclear cost recovery, environmental and energy charges, storm hardening and storm restoration recovery charges. The base rate increase is on top of all of these.
AARP Florida is Fighting for You!
These excessive rate hikes unfairly burden households, especially seniors on fixed incomes—while FPL prioritizes corporate profits over affordability. If approved, these increases will drive up utility bills, making it even harder for Floridians to keep up with the rising costs of everyday necessities, like electricity.
Join us in demanding fair utility rates, accountability, and to STOP CORPORATE GREED!
Here’s how you can help:
• Stay Informed: Monitor updates about upcoming changes to your bill.
• Spread the Word: Encourage your friends and family to stay informed and get involved.
• Join AARP’s Advocacy Efforts: AARP Florida is working to protect customers from excessive rate increases. The rate case process is an opportunity for you to voice your concerns at public hearings, through online petitions, or by submitting public comments to the PSC directly.
Take Action Now!
Let your voice be heard! SIGN our petition and CONTACT the PSC today!
Stay Informed, Take Action
AARP Florida is advocating for fair and affordable utility rates—but we need your voice! If you're 50+ and impacted by rising FPL bills, share your story to help protect older adults on fixed incomes!
About AARP Florida
Contact information and more from your state office. Learn what we are doing to champion social change and help you live your best life.