Common Contracts
1 similar Settlement Agreement contracts
ContractSettlement Agreement • October 11th, 2021
increases the amount of emissions-free and fuel-free solar energy that will be available to serve all of FPL’s customers on a cost-effective basis. Third, the Settlement Agreement keeps bills for all FPL customers among the lowest in the nation, with FPL’s projected 2022 typical residential 1,000-kilowatt-hour (“kWh”) bill remaining nearly 21 percent below the current national average and the projected 2025 typical residential 1,000-kWh bill remaining nearly 22 percent below the projected 2025 national average. Finally, the Settlement Agreement provides a minimum term of four years without another general base rate case so that FPL can continue to focus on further improving reliability, service delivery, and operational efficiency. This is a model that FPL has successfully employed over prior settlement periods for the benefit of customers.
