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The company continued to expand its customer base and generating power, and in 1950 became independently listed on the New York Stock Exchange. [9] Throughout the 1960s and 1970s, FPL built new power stations, including Florida's first nuclear power plant at Turkey Point, which began operation in October 1972. [10]
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Florida Power & Light customers will see higher electricity bills in the new year after regulators approved a rate increase for the utility in 2021.
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. [22] The following year, FPL Group rebranded as NextEra Energy. At the time, it provided power in 28 states and Canada. [12]
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The company’s city, county, state and federal taxes totaled $132.4 million for 2007 – amounting to 10.5 cents out of every dollar earned by the company or $311 per customer. In 2007, the company supported local agencies, chambers of commerce, economic development groups and the United Way as well as other charitable organizations with ...