FORT LAUDERDALE, Fla. (AP) - Florida Power & Light told customers on Monday that the company is seeking a one-time decrease of about 25% as the result of lower fuel rates due to the coronavirus outbreak.
In an email to customers, the company noted that approval from the state’s Public Service Commission is needed before the discounted rate would go into effect in May. The company said the typical residential customer would see a reduction of about 25% of the regular monthly bill.
The plan would vary by rate class.
“Everyone at FPL understands how critical it is to continue to provide reliable electricity and to keep as much money as possible in our customers’ pockets,” FPL President and CEO Eric Silagy said in a statement. “Traditionally, our regulators expect these types of savings to be spread out over the balance of the year. However, challenging times call for exceptional measures. I believe this one-time bill decrease is the most effective way to infuse customers with much-needed money as we all navigate through this difficult and unsettling time together.”
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