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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 .
Prior to 2009, NextEra Energy Resources was known as FPL Energy. [2] NextEra Energy Resources is the world's largest operator of wind and solar projects. In addition to wind and solar, NEER owns and operates generating plants powered by nuclear energy, natural gas, and oil.
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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Gulf Power Company (GPC) was a U.S. electric utility founded in 1925 and headquartered in Pensacola, Florida.It had over 450,000 customers in 10 counties and 71 towns in northwest Florida, and a generating capacity of 2.278 GW.
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.
2007 Wisconsin Energy sold Point Beach Nuclear Plant to FPL Energy for approximately US$924 million, with We Energies entitled to the output for the life of the plant. 2008 The Blue Sky Green Field Wind Farm began operation on a 10,600-acre (43 km 2) site with 88 turbines (145-megawatt capacity) in Wisconsin's Fond du Lac County.