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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 .
The law forced electric utilities to buy power from other more efficient producers, such as cogeneration plants, if that cost was less than the utility's own "avoided cost" rate to the consumer; the avoided cost rate was the additional costs that the electric utility would incur if it generated the required power itself, or if available, could ...
Rank Entity State Class of ownership Parent Number of customers Sales (MWh) Revenue ($1,000 ) Average retail price/kWh) 1: Pacific Gas & Electric: CA: Investor owned
Due to the hot weather, Florida’s energy consumption and electricity bills are significantly higher than the U.S. average. In fact, according to EnergySage, Florida residents’ electric bills ...
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‘Somebody has been stealing electricity’: Florida family slapped with $12K electric bill, left without power and struggling to care for their sick son after alleged meter tampering
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.
If the sales-revenue link is broken, these forecasts carry no economic weight, so the incentive to game forecasts of electricity sales is removed and rate cases become less adversarial. While many environmentalists and conservation advocates support decoupling, many consumer advocates representing utility ratepayers have opposed decoupling as ...
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