The Florida Public Service Commission approved a four-year settlement with Florida Power & Light Thursday for about $6. 9 billion, which opponents claim is the largest rate hike in U. S. history. FPL says that in 2026, its “typical” 1, 000-kWh residential customer bill in most of Florida will increase by $2. 50 a month, or about 2%, from the existing $134. 14 to $136. 64. There would be additional increases in 2027, 2028 and 2029. The post FPL Customers Face $6. 9 Billion Rate Increase in 4 Years as Regulators Approve Controversial ‘Settlement’ appeared first on FlaglerLive.