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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.
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 .
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
Without the federal tax savings, those monthly bills would increase to $130.23 in January for customers in the traditional FPL areas and $160.43 in Northwest 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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