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Florida Power & Light Company

Hurricane Matthew represents a major test for Florida utilities

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Florida power companies are prepared for Hurricane Matthew, which is already causing significant power outages throughout the state. But the storm, a Category 3 as of this writing, also represents a test — whether North Florida’s energy infrastructure can handle powerful winds and the resulting storm surge flooding. While utilities throughout the Southeastern U.S. have been actively preparing for such an event, CNBC reports Matthew will nonetheless present a serious challenge to the region’s power grid, as millions of Floridians could…

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Florida Power & Light to cut rates April 2016, 4th time in 16 months

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Many of Florida’s utility consumers will save even more money on electric bills, as the state’s largest utility provider is looking once again to cut prices. Florida Power & Light Company (FPL) filed a request Tuesday with the state Public Service Commission, asking to reduce customer rates beginning April 1.  The price reduction — $1.65 off a typical 1,000-kWh residential customer’s monthly bill — is set to coincide with anticipated savings from early completion of the FPL Port Everglades Next…

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Public Service Commission approves need for $1.3 billion FPL Okeechobee Clean Energy plant

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Florida Power & Light Company (FPL) is one step closer to the development of a $1.3 billion high-efficiency power plant in Okeechobee County, one of the most efficient and cleanest energy plants in the country. On Tuesday, the five-member Florida Public Service Commission approved a need for the proposed FPL Okeechobee Clean Energy Center, a 1,633-megawatt facility scheduled to begin generating clean energy by mid-2019. The plan will be powered by U.S.-produced natural gas. According to an FPL statement, there…

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Florida Power & Light asks PSC to lower consumer energy bills

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Florida’s largest electric utility is asking the state for permission to cut energy bills for most of its 4.7 million customers. Florida Power & Light Company (FPL) today filed updated fuel cost projections for 2015 with the Florida Public Service Commission (PSC), requesting to reduce customer rates beginning May 1, thanks primarily to projected savings on natural gas costs. If approved by the PSC, FPL’s typical 1,000-kilowatt-hour residential customer bill would decrease by $3.00 a month. With this reduction, FPL’s typical bill…

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FPL files to purchase Jax power plant, could save customers $70M

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Florida’s largest electric utility is asking the state for permission to buy a coal-fired power plant that it had been purchasing electricity from for 17 years. Florida Power & Light Company (FPL) petitioned the Florida Public Service Commission (PSC) today for approval to acquire the power plant that since 1988 has contracted with to purchase power. Cedar Bay Generating Plant is a 250-megawatt coal-fired facility located in Jacksonville. If approved, FPL will end the contract, reducing the plant’s operations by 90…

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