NextEra Energy (NEE) announced that its subsidiary, Florida Power & Light Company (FPL), has received approval from Florida Public Service Commission to lower utility rates again in May. May utility rates for a residential customer using 1,000 kilowatt-hours (kWh) of electricity will be nearly $14 lower than the amount paid in March. The market has reacted positively to the development. This is evident from the upside in share price since the approval was granted to the NextEra unit on Apr 2. The Commission ...