Estimate the impact of rate hikes on your monthly electric bill
Used to calculate effective rate per kWh.
Projected New Monthly Bill:$0.00
Monthly Cost Increase:+$0.00
Annual Cost Increase:+$0.00
Est. New Cost per kWh:$0.00
function calculateFPLBill() {
// 1. Get Inputs
var currentBill = parseFloat(document.getElementById('fplCurrentBill').value);
var usage = parseFloat(document.getElementById('fplUsage').value);
var rateIncrease = parseFloat(document.getElementById('fplRateIncrease').value);
// 2. Validation
if (isNaN(currentBill) || isNaN(rateIncrease)) {
alert("Please enter both your Current Bill amount and the Anticipated Increase percentage.");
return;
}
// 3. Calculation Logic
// Calculate the monetary increase based on the percentage
var increaseAmount = currentBill * (rateIncrease / 100);
var newBillTotal = currentBill + increaseAmount;
var yearlyIncrease = increaseAmount * 12;
// Optional: Calculate effective rate if usage is provided
var costPerKwh = 0;
var showKwh = false;
if (!isNaN(usage) && usage > 0) {
costPerKwh = newBillTotal / usage;
showKwh = true;
}
// 4. Update UI
document.getElementById('resNewBill').innerText = "$" + newBillTotal.toFixed(2);
document.getElementById('resMonthlyInc').innerText = "+$" + increaseAmount.toFixed(2);
document.getElementById('resAnnualInc').innerText = "+$" + yearlyIncrease.toFixed(2);
if (showKwh) {
document.getElementById('kwhRow').style.display = 'flex';
document.getElementById('resCostPerKwh').innerText = "$" + costPerKwh.toFixed(3) + " / kWh";
} else {
document.getElementById('kwhRow').style.display = 'none';
}
// Show result box
document.getElementById('fplResults').style.display = 'block';
}
Understanding FPL Rate Increases in Florida
For millions of Florida residents, Florida Power & Light (FPL) serves as the primary electricity provider. When news breaks regarding a rate increase, it is crucial to understand exactly how this percentage hike translates to your personal household budget. Our FPL Rate Increase Calculator helps you project these costs instantly based on your specific consumption habits.
Components of Your FPL Bill
To accurately anticipate changes, it helps to know what makes up your total monthly charge. An FPL bill is typically comprised of several distinct charges:
Base Rate: This covers the cost of infrastructure, power plants, and grid maintenance. This is often tiered (0-1,000 kWh vs. >1,000 kWh).
Fuel Charge: A pass-through cost for the natural gas and oil used to generate electricity. This fluctuates frequently with global energy markets.
Storm Recovery Surcharges: Temporary fees added to recoup costs from restoring power after major hurricanes.
Gross Receipts Tax: A state tax applied to the total gross receipts of the utility.
Why Do Rates Go Up?
Rate increases are usually approved by the Florida Public Service Commission (PSC). Common reasons for hikes include rising natural gas prices (Fuel Adjustment Clauses) or the "Storm Protection Plan" aimed at hardening the grid against future weather events. Even a small percentage increase, such as 4% or 5%, can result in a significant annual cost difference for households running air conditioning year-round.
How to Interpret the Calculation
When you use the calculator above, focus on the Annual Cost Increase. While a monthly increase of $10 might seem manageable, seeing that amount totaling $120+ over a year provides a clearer picture of the financial impact. If you input your kWh usage, pay attention to the "Effective Cost per kWh." As this number rises, energy efficiency improvements—such as upgrading insulation or installing a smart thermostat—become significantly more valuable in offsetting the rate hike.
Mitigating the Cost
If the projected increase is straining your budget, consider FPL's "Budget Billing" program to smooth out seasonal peaks, or investigate an On Call program where you receive credits for allowing brief cycles of your AC during peak demand. Reducing usage during the summer months remains the most effective way to lower your bill regardless of rate changes.