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FPL rate increase will raise resident bills and village franchise revenue slightly
Village of Lazy Lake Village Council · February 5, 2026
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Summary
Council noted an approved Florida Power & Light rate increase that will modestly raise residents' electricity bills while increasing the Village's franchise fee revenue slightly.
The council discussed notification that Florida Power & Light (FPL) had an approved rate increase. Village staff advised the council that the adjustment will produce a modest increase in resident electricity rates and will generate a slightly higher franchise fee payment to the Village.
No formal action was taken; council members acknowledged the fiscal effect for residents and the village budget and asked staff to monitor the franchise fee receipts as they are received.
