Florida Power & Light is seeking permission from the state Public Service Commission to raise electricity rates by 30% starting on Jan. 1, reports iStockAnalyst. FPL says that the existing system is maxed out and demand is growing. This would add $12.40 to the base rate in the monthly electric bill of the customer who uses 1,000 kilowatt-hours a month.
So why is the system maxed out? It may have something to do with green activist groups who are blocking electricity production in Florida.
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