Advisory
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An Energy Innovation analysis projects that federal energy policy changes will increase Florida households' energy costs by $630 annually by 2035, rising to $710 by 2040. Natural gas rates are expected to climb 13%, with electricity rates increasing 11%. The report also estimates $1.3 billion in pollution-related health costs over 15 years. Florida’s economy could lose $3.7 billion and 23,000 jobs by 2030 due to reduced renewable energy development and increased reliance on fossil fuels.
These projections come as Florida remains heavily reliant on natural gas, diverging from national net-zero goals. Rising costs and economic strain could exacerbate affordability challenges for residents already facing high utility and healthcare expenses.
Why this matters to you: Rising energy costs and economic pressures could increase customer dissatisfaction and regulatory scrutiny. Expanding programs like SolarTogether offers a pathway to provide lower-cost renewable options, helping to address affordability concerns while supporting clean energy growth.