Vero Beach customers are expected to see a significant drop in monthly bills — more than 21% — once the city’s system has been integrated with FPL’s own grid. The steep bill reduction illustrates why Vero Beach approached FPL in 2009 about a possible deal, and why the city has pursued it for almost 10 years.
FPL must charge Vero Beach customers the same rates it charges its existing customers, which means the new residential customers will see monthly bills drop from $126.10 to $99.37, according to the PSC.
