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ORDER NO. PSC-2022-0358-FOF-EI DOCKET NO. 20210015 -EI PAGE 5 2023 and recovered in 2024. In the same Notice, FPL also stated that it would not increase its rate for AFUDC that would normally be applied to the last four months of 2022. Pursuant to Rule 25-6.0141, F.A.C., FPL will make a separate filing to revise its AFUDC rate to be effective in 2023. Prior to the commencement of the October 4, 2022, administrative hearing, all of the parties participating in this docket agreed to proposed stipulations on all identified issues as set forth in Attachment A to this order. Based on our analysis above, we find that the stipulations are appropriate and hereby approve them. We note that these are Type 2 stipulations which occur on an issue when the utility and staff, or the utility and at least one party adversarial to the utility, agree on the resolution of the issue and the remaining parties (including staff if they do not join in the agreement) do not object to the Commission relying on the agreed language to resolve that issue in the final order. Based on the foregoing, it is ORDERED by the Florida Public Service Commission that Florida Power & Light Company's request to implement the return on equity trigger provision of its 2021 Settlement Agreement is hereby granted. It is further ORDERED that FPL's authorized ROE shall be increased by 20 basis points to be within a range of 9.8 percent to 11.8 percent with a midpoint of 10.8 percent effective September 1, 2022. It is further ORDERED that the revised authorized ROE will not be applied to the clause cost recovery factors to be implemented in January 2023, but will be reflected in clause recovery true - ups that will be filed in 2023 and recovered in 2024. Further, FPL's AFUDC will not be increased for the last four months of 2022. Finally, consistent with Rule 25-6.0141, Florida Administrative Code, FPL will request approval to revise its AFUDC rate to be effective in 2023. It is further ORDERED that this docket shall remain open pending resolution of the pending Florida Supreme Court appeal. Document No. 05610-2022.