[4] In January 2021, Gulf Power Company was merged into FPL, extending the combined service territory into northwest Florida.
In December 1925, APL spun off its Florida properties into a new subsidiary, FPL, to replace the Miami Beach Electric Company.
[6][7][8] The company continued to expand its customer base and generating power, and in 1950 became independently listed on the New York Stock Exchange.
[12] In 1990, FPL Group began expanding its reach beyond Florida, purchasing a majority stake in a Georgia Power generation facility that year.
[9] In 2009, the company started installing smart meters, which communicate with FPL via radio transmissions and provide alerts for outages.
[16] In 2011, FPL fazed an old power station in Cape Canaveral, Florida, the outflow from which warmed the surrounding waters.
[19] Following completion of the Riviera Beach project, FPL built the Manatee Education Center and observation area near the plant in 2016.
[15][verification needed] In March 2015, FPL launched a Power Delivery Diagnostic Center which uses smart grid technology to manage the electric system in order to maintain reliable service.
[5] The two companies will be regulated as separate entities until the Florida Public Service Commission approves the consolidation of their tariffs.
[1]: 65 The company is headquartered in Juno Beach, Florida;[1]: 1 Armando Pimentel Jr. is the president and chief executive officer.
[1]: 7 FPL owns and operates 44 natural gas generating units and has joint ownership of three coal-fired power stations in Mississippi and Georgia.
[9] The company's Turkey Point nuclear facility received criticism in 2015 from some South Florida mayors over concerns about high water usage, insufficient evacuation zones, and increased risks from rising sea levels.
These canals are home to endangered loggerhead sea turtles, manatees, and crocodiles[40] that are tracked by the plants monitoring program.
[41] The cooling outflow of the Riviera Beach Clean Energy Center attracts manatees which seek warm waters.
[45] FPL has pushed against net metering and sought to impose minimum monthly payments, facility charges, and grid access fees for rooftop solar energy users.
[2] Documents reviewed by the Orlando Sentinel and the Miami Herald revealed that FPL executives used consultants and shell companies to funnel money to the local news website The Capitolist in order to get pro-utility articles and negative coverage about their political enemies published.
[52] Matrix surveilled a Florida Times-Union columnist at home and on vacation in 2019 and 2020, after he wrote critically of FPL's attempts to influence the Jacksonville City Council to approve its acquitision of a local utility.
[54] FPL created a proposal to diversify its fuel sources by building a coal-burning power plant on 5,000 acres (20 km2) in Moore Haven, Florida, near the western edge of Lake Okeechobee.
[66][67] Additionally, FPL Group and NextEra Energy were rated as the most admired company amongst gas and electric utilities by Fortune Magazine for eight consecutive years.
[68] In 2020, FPL was ranked as the nation's most reliable electric power utility by PA Consulting, winning the ReliabilityOne award for the fifth time in six years.
[69] Additionally, FPL was acknowledged as the "most trusted U.S. electric utilities by Esculent for the seventh consecutive year" and "ranked No.1 in Fortune's 2020 list of World's Most Admired Companies".