Higher FPL Bills In January And Each Year Through 2027

The latest Florida Power & Light (FPL) rate increase for residential customers was approved by the state's Public Service Commission in November 2025 and takes effect January 1, 2026. For most FPL customers, the typical bill for 1,000 kWh will rise by $2.50 per month, an increase of about 2%—from $134.14 to $136.64. 

In Northwest Florida, bills will actually decrease slightly for 2026 (from $143.60 to $141.36), but customers in that region will see rates aligned with the rest of the state from 2027 onward, resulting in gradual increases over the following years.​

By 2029, the average bill in regular FPL territory is projected to be $8 higher per month, with total rate hikes expected to generate over $1.65 billion in additional annual revenue through staged increases in 2026 and 2027.​

These increases come after significant public debate and represent a reduction from FPL's original request; however, critics argue they continue a trend of rising costs that have increased bills by 45% since 2021 and add to affordability concerns for Florida residents.

FPL justified the latest residential rate increase by citing several reasons, primarily the need to maintain and improve the reliability of the electric grid, support the rapidly growing customer base in Florida, and invest in new solar and battery storage projects. The company stated that the rate hike is necessary to "continue to deliver some of America's most reliable electric service and meet the needs of our fast-growing state" and projected that, despite increases, customer bills would remain below the national average.