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Council notes FPL rate increase will raise franchise fee revenue and resident bills

Village of Lazy Lake Council · February 5, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council discussed an approved Florida Power & Light rate increase; the Village expects a modest rise in franchise-fee revenue and residents will see a modest increase in electricity rates.

Council discussed notification of an approved Florida Power & Light rate increase at the Feb. 5 meeting. The minutes state the Village will receive a slightly increased franchise-fee revenue as a result of the adjustment, and residents will see a modest increase in their electricity bills.

Council did not record additional action on the item beyond noting the expected financial impacts; no dollar amounts or effective dates were provided in the minutes.