Three membership organizations in Florida joined together Wednesday to oppose a settlement agreement by Florida Power and Light (FPL) that increased base electricity rates for its residential consumers, as well as a plan to develop solar energy that is also paid for by residential consumers.
FPL is the largest retail energy company in the U.S. and serves more than 5.6 million customer accounts that represent over 11 million Florida residents, primarily along the east coast, but also in some parts of southwest and north central Florida.
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