In an issue that stems from federal tax cuts approved in 2017, state regulators rejected an effort aimed at forcing Florida Power & Light to reduce base electric rates.

The state Office of Public Counsel, which represents consumers, and two business groups have long argued that FPL has not properly passed along savings from the 2017 federal tax overhaul to ratepayers. They filed a case at the state Public Service Commission in December 2018 seeking lower rates.