FPL proposes 16 to 28 percent hike - Fox29 WFLX TV, West Palm Beach, FL-news & weather

FPL proposes 16 to 28 percent hike

WEST PALM BEACH, FL (WFLX) - Florida Power & Light is considering a new proposal to raise the base rates for medium to large businesses.

The idea is to increase rates between 16 and 28 percent. But company executives say most of the affected businesses would be on the lower end of that increase.

If approved, the move would still be a costly one for some local hospitals which pay more than $1 million a year in electric bills already.

A final decision is expected as early as November.

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