TALLAHASSEE, FLORIDA – Florida Power & Light Company today asked the Florida Public Service Commission (PSC) to approve a temporary surcharge on customer bills in 2025 to recover restoration costs after four hurricanes battered Florida in less than 14 months.
FPL’s plan: The petition filed with the PSC seeks to recover restoration expenses for Hurricanes Debby, Helene and Milton, which ripped through Florida this year. It also seeks $150 million to replenish the company’s storm reserve, which was primarily depleted by Hurricane Idalia last year and then wiped out after Hurricane Debby in August.
If approved by the PSC, the temporary surcharge would reimburse FPL about $1.2 billion and would likely add $12.02 a month to a typical 1,000-kWh residential customer bill from January through December next year…