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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 .
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.
President Franklin D. Roosevelt established the Rural Electrification Administration (REA) in 1935 by signing Executive Order 7037 to bring electricity to rural areas of the country and to customers not serviced by the large power companies. West Florida Electric Cooperative was organized in 1937 and began distributing electricity in 1939.
The Florida Municipal Electric Association (FMEA) is the non-profit trade association representing the unified interests of Florida’s 33 public power communities. Based in Tallahassee , FMEA was established in 1942 in response to WWII fuel shortages.
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 ...
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In February 2018, NextEra Energy floated a $15.9 billion proposal to buy Santee Cooper and briefed South Carolina lawmakers. [32] In May 2018, NextEra Energy announced that it planned to buy Gulf Power Company, the largest electricity producer in Northwest Florida, from Southern Company in a $6.4 billion deal, pending approval from regulators. [33]
FERC Orders 888 and 889 defined how independent power producers (IPPs) and power marketers would be allowed fair access to transmission systems, and mandated the implementation of the Open Access Same-Time Information System (OASIS) to facilitate the fair handling of transactions between electric power transmission suppliers and their customers.