AARP mounts defense against $811 million rate deal for FPL customers
The Florida Public Service Commission heard testimony Thursday on a compromise four-year, $811 million electric rate increase for Florida Power & Light co., including a denunciation of the deal by AARP. âThereâs nothing in the record, in our opinion, to reflect any need for any increase by Florida Power & Light. In fact, we believe that a reduced rate is appropriate for 2017 and no increase for 2018,â said Jack McRay, a lobbyist for the group. The settlement between the…