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FL · electric · 20250011-EI

Florida Power & Light — 2025 general rate case

Closed case·Order entered·Authorized

Florida Power & LightFlorida Public Service CommissionOfficial docket not linkedUpdated Jul 21, 2026View sources

Bottom line

The approved plan controls base rates through at least 2029, while clauses and specified mechanisms remain separately adjustable.

Case summary

The FPSC approved FPL's 2025 settlement and four-year base-rate plan.

Latest development
Settlement approved

Jan 21, 2026

Next event
No scheduled event

Not scheduled

Case stage

Regulatory process

order entered

  1. Filed

    Feb 28, 2025

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Jan 21, 2026

  6. Rates effective

    Not recorded

State rules

Base-rate reviews and adjustment mechanisms in Florida

This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.

Full base-rate review

Case-specific, often resolved through multi-year plans

Utilities file when base-rate relief is needed; an approved settlement may include a stay-out period and scheduled adjustments.

Rate period: Historic or projected test year approved in the case

Governing rule ↗

Between full reviews

Fuel and purchased-power cost recovery clause

Annual projection and true-up

Fuel and purchased-power costs are set and reconciled outside base-rate cases.

Governing source ↗

Storm Protection Plan Cost Recovery Clause

Annual recovery; three-year plan cycle

Incremental approved storm-hardening costs are recovered separately, under ten-year plans filed every three years.

Governing source ↗
View the full Florida regulatory framework →

Commission decision

Economics

Utility request and Commission-authorized outcome.

MetricUtility requestAuthorized outcomeLike-for-like difference
Annual revenue increase

Not available

Not captured in current case sources

Not available

Authorized value not captured

Rate base

Not available

Not captured in current case sources

Not available

Authorized value not captured

Return on equity

Not available

Not captured in current case sources

Not available

Authorized value not captured

Common equity ratio

Not available

Not captured in current case sources

Not available

Authorized value not captured

Residential bill impact

Not available

Not captured in current case sources

Not available

Authorized value not captured

Full docket record

1 event · 0 documents · 1 citation

View record
Last updated
Jul 21, 2026
Docket reviewed
Jul 21, 2026
Economics reviewed
Jul 21, 2026
Official documents
0
Evidence citations
1

Docket history

Material filings, hearings, orders, and effective dates.

  1. Jan 21, 2026

    Settlement approved

    official commission · completed

Documents

Docket and evidence documents linked to this proceeding.

No documents are linked to this proceeding.

Citations

Field-level excerpts and review metadata supporting material facts.

FPL 2025 rate-case final order

official record · Jan 21, 2026

Raw observations

Stage-preserving economics and party positions as published in the canonical record.

MetricStagePartyPeriodValueEvidence