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As a Result of Hurricane Dorian, FPL May Need to File for Recovery of $274 Million

Due to preparation for Hurricane Dorian back in September, FPL took many precautions for storm power restoration.

FPL increased utility to 17,000 crews, a great deal coming to Florida from out-of-state, as an all-hands-on-deck approach to potential power outages from the storm.

Although Florida was spared the wrath of Dorian, a total of 160,000 households and businesses in Florida lost power during the storm. Due to the immense resources, FPL was able to quickly restore power but it may have cost us.

As a result, there was recent talk that customers would have to pay a larger electric bill but the estimated surcharge was uncertain.

According to Sun Sentinel, Rebecca Kujawa chief financial officer of FPL’s parent company NextEra Energy, stated that FPL is still in the accounting process but the current estimate is $274 million.

FPL’s 2016 rate settlement agreement means Juno Beach-based electric utility can start charging customers a storm surcharge about 60 days after its regulatory filing.

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