FPL Bills To Decrease Over Summer Due To Change In Federal Tax Code

Customers of Florida Power & Light will be getting a slight break on their summer bills.  

It's thanks to the recent overhaul of the federal tax code, which lowered the tax rate for corporations like FPL.  

The Florida Public Service Commission on Tuesday approved reductions in customer bills tied to the utility's tax savings.  

The average FPL customer who uses 1,000 kilowatt hours of electricity per month will see their bill go down 59 cents in July.

Regulators have not yet made a decision about a one-time refund that customers will likely receive due to over-recovery of storm restoration costs after Hurricane Matthew in 2016.

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