Business digest: FPL rates set to fall further in 2010
The lowest rates since 2005 may be on tap in 2010 for the typical Florida Power & Light Co. customer. FPL announced Thursday that it expects the typical 1,000-kilowatt-hour residential-customer bill to drop next year by about $9 a month, from about $109 to $100. The decrease is subject to approval by Florida’s Public Service Commission.
The estimate includes the impact of FPL’s pending request for a base-rate adjustment, the impact of lower projected fuel prices for 2009-2010 and improvements in fuel efficiency at the company’s power plants.
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