TALLAHASSEE, Fla. (AP) — Regulators rejected opposition from the state’s consumer advocate on Thursday and approved a base rate increase for Florida Power & Light Co. that may add nearly $10 to a typical residential customer’s monthly bill over a span of four years.

It’s part of a settlement between FPL, the state’s biggest electric utility, and groups representing industrial, health care and federal government customers that won unanimous approval from the Public Service Commission.