FP& L CONTINUES TO FIGHT FOR RATE INCREASE

State regulators finished a marathon hearing last week over a proposal for increasing Florida Power & Light's base electric rates. The state Public Service Commission is scheduled in November to decide whether to approve increases of $945 million in 2026 and $766 million in 2027. FPL also would collect additional amounts in 2028 and 2029 for solar-energy and battery-storage projects.