Florida Power & Light
| Company type | Subsidiary |
|---|---|
| Industry | Electric power |
| Founded | December 28, 1925 |
| Headquarters | 700 Universe Boulevard, , U.S. |
Number of locations | 98 (2022) |
Area served | Florida |
Key people | Armando Pimentel Jr. (president, CEO) |
| Services | |
| Revenue | $18.37 billion (2023) |
| $6.59 billion (2023) | |
| $4.55 billion (2023) | |
| Total assets | $4.99 billion (2023) |
| Total equity | $38.84 billion (2023) |
Number of employees | 9,500 (2023) |
| Parent | NextEra Energy |
| Website | fpl |
| Footnotes / references | |
Florida Power & Light Company (FPL), the principal subsidiary of NextEra Energy Inc. (formerly FPL Group, Inc.), is the largest power utility in Florida. It is a Juno Beach, Florida-based power utility company serving roughly 5 million customers and 11 million people in Florida.: 5 It is a rate-regulated electric utility that generates, transmits, distributes and sells electric energy. In 2020, the company was ranked as the nation's most reliable electric power utility for the fifth time in six years.
In January 2021, Gulf Power Company was merged into FPL, extending the combined service territory into northwest Florida. Gulf Power operated as a separate division within FPL through 2021.
FPL is a regulated monopoly. It is one of Florida's biggest spender on political campaigns and lobbying. The company has funded "ghost" candidate spoiler campaigns that are intended to confuse voters and dilute votes for Democratic candidates. The company has lobbied against solar energy and sought to hinder rooftop solar panel installations by individuals and businesses.