Florida Power & Light customers to see bills rise in 2023

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Florida Power & Light customers to see bills rise in 2023
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Miami residents will notice their electric bills increase in the new year.

, along with most of Florida's eastern coast — says the price of natural gas, which it uses to power its plants, is up more than 75% compared with last year. It's at its highest since 2008.FPL says its fuel costs from 2022 exceeded projections, so the utility will file a “mid-course fuel correction” by early 2023 to adjust rates.

“The market for natural gas is unusually volatile right now,” FPL says on its website. “That means while we provided estimates for your 2023 bill, we know that those estimates are likely to change.”mates for your 2023 bill, we know that those estimates are likely to change."

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