MARK SCHUMANN
More than two months ago, Florida Power & Light President and C.E.O., Eric Silagy, announced plans to seek Florida Public Service Commission approval for a $1.337 billion rate hike.At the same time, FPL is asking the PSC to approve a higher profit margin.This week, FPL officials formally submitted the company’s request to the PSC.
Among leading news organizations across the state, the Miami Herald, Fort Lauderdale Sun-Sentinel, Palm Beach Post and the Naples Daily News have all reported on FPL’s plans to seek a base rate increase of some 24 percent.
The Press Journal, whose publisher is married to an FPL vice president, remains silent on the story, though many of the newspaper’s readers will be affected by the rate hike.
Below is a sampling of reporting from across the state on FPL’s plans to increase its rates and profit margin.
Indian River Guardian 
Polluting our Florida waters and asking for an increase in rates and profit margin. Shameful at the least. That is what happens when you pay off politicians and fund campaigns. Just take a close look at Vero Beach and Indian River Shores.