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Council notes FPL rate increase will slightly raise franchise revenue and resident bills
Summary
Council discussed notification that Florida Power & Light (FPL) had an approved rate increase; the Village expects a modest increase in franchise fee revenue and residents will see modest electricity bill increases.
Council discussed a notification that Florida Power & Light has an approved rate increase; meeting minutes record that the Village will receive a slightly increased franchise fee revenue and residents will also see modest increases in electricity rates.
No action was taken beyond noting the notification; staff will monitor revenue impacts and resident communications as needed. The minutes do not specify the percentage or effective date of the rate change.
