Climate Change
Florida Power & Light Profit Margins Top Other Utilities’ Nationwide, Report Says
Utility profit margins are one reason why electricity bills are rising, the report says. Advocates say low-income communities are hardest-hit by the costs.
Florida Power & Light’s profit margins consistently ranked among the highest in the nation over the past five years and topped other utilities’ in 2024 and 2025, with 27 cents of every dollar in revenue last year retained as profit, according to a new report.
Florida Power & Light Profit Margins Top Other Utilities’ Nationwide, Report Says