March 13 (Reuters) - Florida Power & Light (FPL), one of

the U.S.'s biggest power providers, said on Wednesday that its

customers could see a decrease in their electricity bills from

May onwards, in part due to lower natgas prices.

The NextEra Energy-owned company has sought two rate

decreases - one in April and one in May - from the Florida

Public Service Commission, and if approved, a typical 1,000

kilowatt-hour (kWh) residential bill would be nearly $14 lower

in May than today.

Natgas prices have fallen nearly 35% this year to

their lowest since June 2020 on Feb. 27, as near-record output,

mostly mild weather and low heating demand this winter allowed

utilities to leave significantly more gas in storage than usual

for this time of year.

However, low prices could boost U.S. gas use to a record

high in 2024 despite gas production dropping, according to the

U.S. Energy Information Administration's (EIA) latest outlook.

Apart from lower projected prices for natural gas, the rate

decreases are also in lieu of the temporary surcharge of

restoration costs ending on March 31.

The utility serves nearly 12 million people.