Florida Power & Light Co. (FPL) announced plans Monday to issue a one-time rate decrease for its business and residential customers amid the economic challenges surrounding the coronavirus, formally known as COVID-19.
The Juno Beach-based NextEra Energy (NYSE: NEE) subsidiary said that, pending approval from the Florida Public Service Commission, May residential bills could be reduced by nearly 25%. Discounts are also expected to be delivered by May and will vary by rate class.
FPL says it’s able…



