Florida Power & Light Rate Hike: How to Protect Yourself from Rising Electricity Costs

Florida Power & Light (FPL) is proposing one of the largest electricity rate hikes in U.S. history, which could significantly impact millions of Florida homeowners. If approved, residential electricity bills could increase by over 22% in just two years.

As energy costs continue to rise, now is the perfect time to consider switching to solar energy in Florida. Let’s break down what this FPL rate hike means for you and how solar power can help you save.

FPL’s Proposed Rate Increase: What You Need to Know

FPL has requested an $8.96 billion rate increase over the next four years. Here’s how it could affect your monthly bill:

• 2026: An additional $11.52 per month for the average residential customer (1,000 kWh usage).

• 2027: An additional $18.57 per month—a 22% increase in just two years.

• 2028-2029: Further increases are expected.

For many Florida homeowners, these rising energy costs are becoming unsustainable.

Why Is FPL Raising Electricity Rates?

FPL cites population growth, infrastructure upgrades, and clean energy investments as reasons for the rate hikes:

• More Customers: FPL has gained 275,000 new customers since 2021 and expects 335,000 more by 2029.

• Grid Improvements: Upgrading infrastructure to meet increased demand and prevent outages.

• Energy Diversification: Expanding renewable energy initiatives, though customers will see increased costs before long-term savings.

How to Avoid Higher Electricity Bills in Florida

With Florida’s sunshine providing a year-round energy source, homeowners can reduce reliance on FPL by installing solar panels.

Benefits of Going Solar in Florida

✅ Lock in Your Energy Costs – Say goodbye to unpredictable rate hikes.
✅ Reduce Your Electric Bill – Solar customers can see savings of 50% or more.
✅ Increase Home Value – Solar-equipped homes sell faster and at higher prices.
✅ Take Advantage of Tax Credits – The federal solar tax credit covers 30% of installation costs.

Make the Switch to Solar Before Your FPL Bill Rises

With FPL’s rates increasing, switching to solar energy in Florida is a smart investment. By installing solar panels now, you can protect yourself from future rate hikes and start saving immediately.

Get a Free Solar Consultation Today

Don’t wait for your energy bill to skyrocket. Contact S7 Solar today to learn how you can take control of your electricity costs.