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Florida Power & Light Company (FPL), the principal subsidiary of NextEra Energy Inc. (formerly FPL Group, Inc.), is the largest power utility in Florida. [2] It is a Juno Beach, Florida -based power utility company serving roughly 5 million customers and 11 million people in Florida .
Florida Power & Light customers will see higher electricity bills in the new year after regulators approved a rate increase for the utility in 2021.
In 2022, Florida had a total summer capacity of 66,883 MW through all of its power plants, and a net generation of 258,910 GWh. [2] Florida is the third largest generator of electricity in the nation behind Texas and Pennsylvania. [3] Major producers include Florida Power & Light, Duke Energy, JEA, and TECO Energy.
Utility bills are made up of a combination of factors, such as base rates, fuel costs and storm-related costs, the News Service of Florida reported in June when regulators approved FPL’s plan to ...
GPC was founded in 1925, and was acquired by Juno Beach-based NextEra Energy (the parent company of Florida Power & Light) in 2019. [3] In 2021 GPC was legally merged into Florida Power & Light. NextEra has stated it will operate GPC as a separate company within FPL through 2021. [4]
With a new federal law providing tax breaks for renewable energy, Florida Power & Light on Friday asked state regulators to approve a plan that would pass along an estimated $384.1 million in ...
The Florida Municipal Power Agency (FMPA) is a nonprofit, wholesale electric utilities and associated services company that serves its 31 Florida municipal electric utility system members. Based in Tallahassee , with its operational offices in Orlando FMPA is a governmental entity, established as a separate legal entity pursuant to interlocal ...