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The price of natural gas, which is used to fuel power plants, has spiked in 2022. Fuel prices reached their highest point since 2008, a 75% markup from 2021. Fuel prices reached their highest ...
Florida Power & Light joins Duke Energy Florida in opting to monitor the natural gas market rather than immediately raise monthly bills to cover the cost of fuel.
South Florida finally felt a cool-down in October — upper 50s in Miami! And in June, the Florida Public Service Commission approved a $359 million reduction to FPL’s 2023 fuel costs .
Florida is the third largest generator of electricity in the nation behind Texas and Pennsylvania. [3] Major producers include Florida Power & Light, Duke Energy, JEA, and TECO Energy. In 2020, the average price of electricity in Florida was 10.06 cents per kWh, ranking 21st-highest in the United States.
Florida Power & Light Company ( FPL ), the principal subsidiary of NextEra Energy Inc. (formerly FPL Group, Inc. ), is the largest power utility in Florida. [ 2] It is a Juno Beach, Florida -based power utility company serving roughly 5 million customers and 11 million people in Florida. [ 3]: 5 It is a rate-regulated electric utility that ...
The average price of regular unleaded gas in Florida as of Friday, Dec. 15, is $2.886, 16 cents cheaper than the same time the week before and well below the national average of $3.087.
Eric Silagy, CEO of Florida Power and Light, speaks during a press conference on Saturday, Oct. 1, 2022. He estimated the utility has about 600,000 customers without electricity after Hurricane Ian.
Florida's state average settled at $3.58 per gallon by Sunday after dropping 6 cents following a 13-cent spike early last week. Florida gas prices remain high after 13-cent price hike early last ...
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