Fpl 2024 Rate Increase. The settlement led to a $692 million rate increase in january and will allow another $560 million hike in january 2023. Fpl gets green light to reduce rates for the second consecutive month.

If you’re an fpl customer, your wallet is getting a small break. After approval by the commission, the fpl settlement led to a $692 million rate increase in january 2022 and another $560 million hike in 2023.