Florida Power & Light Co - Company Profile
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Florida Power & Light Company (FPL) a subsidiary of NextEra Energy Inc, is an electric utility primarily engaged in the generation, transmission, distribution, and sale of electric energy in Florida. The company focuses on providing electric services through an integrated transmission and distribution system. FPL's major services include retail and wholesale electricity supply, with a significant emphasis on maintaining low-cost and reliable service. The company serves a diverse customer base, including residential, commercial, and industrial sectors, primarily within Florida. FPL operates under franchise agreements with various municipalities and counties, ensuring service provision across its designated areas. The company's operations are concentrated in Florida, covering most of the east and lower west coasts and parts of northwest Florida. FPL's target markets include both retail and wholesale customers within the state. FPL is headquartered in Juno Beach, Florida, the US.
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Products and Services
| Products | Services |
|---|---|
| Electricity | Consultancy Services - Renewable Energy |
| - | Transmission and Distribution |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In January, the company announced its partnership with Miami-Dade County to launch reclaimed water projects. |
| 2024 | Others | In October, the company announced its plans to file petition with Florida Public Service Commission to recover restoration costs. |
| 2024 | Commercial Operation | In August, the company announced commercial operation of its new solar energy center. |
Competitor Comparison
| Key Parameters | Florida Power & Light Co | Xcel Energy Inc | Ameren Corp | Tampa Electric Co | Evergy Metro Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Juno Beach | Minneapolis | St. Louis | Tampa | Kansas City |
| State/Province | Florida | Minnesota | Missouri | Florida | Missouri |
| No. of Employees | 9,400 | 11,534 | 8,913 | 2,587 | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John W. Ketchum | Chairman | Executive Board | 2023 | 55 |
| Scott Bores | Chief Executive Officer; President | Senior Management | 2026 | - |
| Terrell Kirk Crews II | Chief Risk Officer; Executive Vice President | Senior Management | 2024 | 47 |
| Robert Coffey | Vice President; Chief Nuclear Officer | Senior Management | 2021 | 62 |
| Michael H. Dunne | Executive Vice President - Finance; Chief Financial Officer | Senior Management | 2025 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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