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The average price of electricity for residential use was 13.70 cents/kWh in February 2022, compared to 11.92 cents/kWh in February 2021. [ 4 ] The use of coal-fired generation has steadily declined as older equipment has been replaced with cleaner, more efficient natural gas production.
The FPL Group Foundation, the company's philanthropic arm, donated $1 million to the Salvation Army in 2009 to help customers in danger of having service turned off pay their power bills. [24] The following year, FPL Group rebranded as NextEra Energy. At the time, it provided power in 28 states and Canada. [12]
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.
Online and phone scams have increased dramatically in the last few years with huge spikes in investment and cryptocurrency scams, tech support scams, personal data breaches and identity theft ...
The price of natural gas, which is used to fuel power plants, has spiked in 2022. Fuel prices reached their highest point since 2008, a 75% markup from 2021. Fuel prices reached their highest ...
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 ...
FPL expects the $476 million [9] solar plant to reduce the combined-cycle power plant's natural gas consumption by 1.3 billion cubic feet (37 million m³) per year. [9] Over the 30-year life of the project, this is expected to save $178 million in fuel cost [10] and reduce carbon emissions by 2.75 million tons. [9]
It had over 450,000 customers in 10 counties and 71 towns in northwest Florida, and a generating capacity of 2.278 GW. [2] 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.