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South Florida finally felt a cool-down in October — upper 50s in Miami! And in June, the Florida Public Service Commission approved a $359 million reduction to FPL’s 2023 fuel costs.. That ...
Florida Power & Light customers will see higher electricity bills in the new year after regulators approved a rate increase for the utility in 2021.
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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 .
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NextEra Energy traces its origins to 1925 with the formation of Florida Power & Light and the formation of FPL Group in 1984. [10] [11] The company purchased Colonial Penn in 1985 [12] and sold it in 1991. [13] In 1998, FPL Group created FPL Energy, a subsidiary to manage FPL Group efforts outside of FPL's service area. [12]
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