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About Us – Florida Power & Light Company
Committed to Reliability While Meeting Growing Demand
FPL is committed to providing reliable power at stable prices. Meeting this commitment has been challenging, particularly when FPL and other U.S. electric companies have faced increased costs for oil and natural gas used to generate a significant portion of the nation’s electricity.
A Mix of Fuels Helps Ensure Reliability
and Balances Costs for Customers
Maintaining a mix of fuels used to generate power is a key component of providing reliable electric service. Natural gas is the fuel source used for about half of all
power that FPL generates. And, though natural gas will continue to be an important part of the fuel mix, the company is seeking ways to generate electricity so it is not overly dependent on any single source of fuel. FPL is working with regulators to find a balanced approach by considering the benefits of each type of fuel source, including renewables, natural gas and nuclear, to supply
clean energy at a stable price.
Keeping Customer Bills Stable
FPL is an industry leader in managing costs as it continues to expand its electric system, improve reliability and satisfy customer needs. The company’s operations and maintenance costs per kilowatt-hour (kwh) remain below the industry average. FPL was the only investor-owned utility in Florida to lower residential bills in 2007. In fact, FPL residential customers enjoy the most reliable and lowest-cost electricity service from any investor-owned utility in peninsular Florida, and rates that are below the national average.
A 10-Year Plan:
Meeting the Growth in Customer Demand
Florida Power & Light Company is among the largest and fastest-growing electric utilities in the United States. In 2006, FPL’s average number of customer accounts grew by 88,000, to more than 4.4 million.
FPL continues to invest heavily — approximately $1.7 billion in 2006 — to expand and enhance its generating facilities and related infrastructure to ensure continued reliable service and meet the growing power needs of current and future customers. And FPL expects to be serving 5.5 million customers' accounts by 2020.
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Net
Cap.
(mw) |
| |
|
Units |
| Fuel |
 |
| A |
Turkey Point |
4 |
 Nuclear/Oil/Gas |
2,174 |
| B |
St. Lucie* |
2 |
 Nuclear |
1,553 |
| C |
Manatee |
3 |
 Oil/Gas |
2,742 |
| D |
Fort Myers |
2 |
 Gas/Oil |
1,764 |
| E |
Cutler |
2 |
 Gas |
204 |
| F |
Lauderdale |
2 |
Gas/Oil |
872 |
| G |
Port Everglades |
4 |
Oil/Gas |
1,219 |
| H |
Riviera |
2 |
Oil/Gas |
565 |
| I |
Martin |
5 |
Gas/Oil |
3,738 |
| J |
Cape Canaveral |
2 |
Oil/Gas |
792 |
| K |
Sanford |
3 |
Gas/Oil |
2,044 |
| L |
Putnam |
2 |
Gas/Oil |
498 |
| M |
St. John’s River* |
2 |
 Coal/Petroleum Coke |
250 |
| • |
Scherer (in GA)* |
1 |
Coal |
646 |
| • |
Gas/Internal Combustion Turbines (Peaking Units) |
1,920 |
|
| |
FPL Generation (subtotal) |
20,981 |
| • |
|
|
 Purchased Power |
3,670 |
| |
System Total |
24,651 |
|
| |
 |
Megawatts |
| • |
Turkey Point Unit 5 |
Gas |
1,144 |
| • |
West County Energy Center #1 |
Gas |
1,219 |
| • |
West County Energy Center #2 |
Gas |
1,219 |
| |
Subtotal Additions (projected) |
3,582 |
| |
System and Purchase Adjustments |
(1,537) |
|
| |
System Total Summer 2010 (projected) |
26,696 |
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A Caring Neighbor: FPL’s Commitment to the Community
FPL believes in giving back to Florida communities through contributions, community programs and employee volunteerism.
- Low Income Home Energy Assistance Program (LIHEAP) advocacy — Sent employees to Washington to meet with members of Congress and orchestrated an e-mail campaign among employees to request LIHEAP funding increases.
- In 2006, Florida received $46 million, compared to $25 million in 2005.
- FPL Care to ShareSM — This program provides emergency assistance funds to customers who are in crisis and unable to pay their electric bills.
- In 2006, FPL donated $1 million, and customers gave more than $451,000 in contributions.
- In 2007, FPL again committed $1 million.
- Kicked off an employee donation campaign, and more than $23,000 was raised in the first year.
- BuildSmart® for Humanity — Since 2005, FPL has donated $900,000 to build 14 homes for low-income customers.
- Reduced electric rate — FPL gained regulatory approval to establish a reduced rate for consumers using less electricity.
- United Way — Since 2000, FPL and its employees have donated more than $16 million and countless hours of volunteer work.
- Florida Council on Aging — FPL received special recognition for its 25-year partnership with the Florida Council on Aging, including sponsorship of the annual FPL/FCOA Quality Senior Living awards.
FPL Received Several Awards in 2006
- "Service One™ Award" for top-rated customer service among utilities in the United States, Canada and Africa.
- In recognition of FPL’s programs and policies of mutual benefit to business and older Americans, the Southeastern Association of Area Agencies on Aging honored FPL with its Public/Private Partnership Award.
- The Edison Electric Institute presented FPL with a Community Advocacy Award for FPL’s Right Tree Right Place education program.
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