Panhandle of Florida pede here.. we are getting absolutely railed by a company based out of Juno Beach, FL. They took over what used to be Gulf Power and now everyone’s power bills have gone up 100-200%. I am in a couple of Facebook groups where locals are taking action. I’d love to get some help figuring out if this is some deep state operation trying to sabotage our great state or if this is just horrible policy. Our local state reps are silent on the issue and we haven’t heard a peep from Gaetz or DeSantis. My bill went from $90 in November, $136 in December, now $233 in January. Projected bill for next period is $389 Make it make sense! Fuck FP&L, fuck all of the cuckservatives around us that allowed this to happen. They’re messing with the state and specifically the wrong region of the state.
Florida Power and Light Company
🧐 Research Wanted 🤔
Yes, basically what everyone is saying is these rates are heavily regulated. They are bc a power company is a natural monopoly and every county/jurisdiction in the country has their own specifications for what utilities can charge. Gulf power was a southern company subsidiary. Would be very surprising to me if they sold it off but apparently that has happened. I work in corporate finance so will research and see what I can find.
Sold to nextera, the Juno beach company, in 2019. Now have over 50% marketshare of homes in florida.