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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 ...
Florida Power & Light will not disconnect electricity to customers for non-payment when temperatures are 95 degrees or higher, according to Shelley Ragsdale, with FPL.
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]
Customers of FPL, which services Miami-Dade, Broward, Palm Beach and most of Florida’s east coast, will notice 1,000-kilowatt-hour bills go from the current $120.67 to $125.39 in January. Rates ...
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.
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 was the largest single taxpayer in northwest Florida. 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.