Florida Power and Light is no longer seeking a rate increase to cover hurricane losses

By Guest Column -- Andy Bishop —— Bio and Archives January 18, 2018

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Florida Power and Light is no longer seeking a rate increase to cover hurricane losses. Why? Because the new tax plan will save them enough money that a rate increase won't be necessary. As a result, the average homeowner, Democrats and Republicans, will be spared the approximately $4 a month increase and businesses large and small will likely be spared even more pain. Unlike those "crumbs"( Nancy Pelosi's words not mine) that other businesses shared with their employees, the FPL will benefit every resident. What will you do with your savings? I'm thinking crumb cake.