Posts Tagged ‘fpl’

Before deaths, Gov. Rick Scott and Hollywood nursing home owner were chummy

Thursday, October 26th, 2017

By Dan Christensen
FloridaBulldog.org
Before Gov. Rick Scott and South Florida healthcare mogul Dr. Jack Michel began pointing fingers at each other after elderly patients baked to death in Michel’s now-closed Hollywood nursing home, the two men were pals of a sort.
The post Before deaths, Gov. Rick Scott and Hollywood nursing home owner were chummy appeared first on Florida Bulldog.

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Bill to allow Florida PSC to grant utilities the ability to invest in natural gas reserves advances in Senate committee

Tuesday, March 14th, 2017
Florida Senators unanimously passed a proposal Tuesday in a committee that would allow electric utilities to invest in natural-gas reserves and recoup their money from their customers. The legislation would allow any Florida power company that uses natural gas for 65 percent or more of its power generation to explore for natural gas out of state using residential ratepayer’s money.
The bill from Fernandina Beach Republican Aaron Bean bill (SB 1238) is a response to the Florida Supreme Court’s rejection last May to Florida Power & Light’s program of investing ratepayers money into a controversial Oklahoma natural-gas project.
FPL had been granted the go-ahead in 2014 by the Florida Public

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FPL to build 8 new Florida solar energy plants, add 2.5M panels by 2018

Monday, February 20th, 2017
Florida Power & Light Co. is doubling down on solar power, announcing Monday a significant expansion of renewable energy production through next year.
FPL, currently the largest generator of solar energy in Florida, will build eight new universal solar power plants by early 2018 – boosting its production with more than 2.5 million solar panels.
“We have been working hard to drive down the costs of adding solar,” said FPL President/CEO Eric Silagy, “so we can deliver even more zero-emissions energy to all of our customers.”
FPL was the first company to build cost-effective solar power generation in Florida, Silagy added, promising

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FPL parent NextEra Energy misses Wall Street expectations

Thursday, February 2nd, 2017
NextEra Energy Inc., the parent of Florida Power & Light, reported fourth-quarter earnings of $966 million, or $2.06 per share.
The Juno Beach-based company said its adjusted earnings were $1.21 per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The company posted revenue of $3.7 billion in the period.
For the year, NextEra reported a profit of $2.91 billion, or $6.25 per share. Revenue was reported as $16.16 billion.
FPL, the primary power provider in Manatee, Sarasota and Charlotte counties, reported earnings that were relatively flat during

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Sierra Club challenges nearly $1 billion electric rate hike

Wednesday, January 18th, 2017
An environmental group is challenging a rate hike for Florida’s largest electric utility.
The Sierra Club on Tuesday asked the state Supreme Court to reject an $811 million hike that was approved last year for Florida Power & Light. FPL has about 4.8 million customers in the state.
FPL initially wanted a $1.3 billion hike but scaled it back during settlement negotiations. The hike was approved by the Florida Public Service Commission, and part of it took effect this month.
Company officials said the higher rates would help pay for improvements, including a new natural gas plant.
But Sierra Club officials maintain state

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Tampa Bay Times’ mind-boggling figures in ‘rooftop solar fight’ don’t add up

Wednesday, November 2nd, 2016

Consider the eye-grabbing Tampa Bay Times’ front-page headline Wednesday: $43M spent to limit solar.
Beyond the silliness of assuming that every dollar utilities donated this cycle is part of a plot to fight rooftop solar — as if there is nothing else they care about — the story is screwed up six ways to Sunday.
If a politician were to use these numbers, PolitiFact would rate them somewhere in the range of Mostly False to Pants on Fire.
Let’s start from the top:
“Lost in the tumultuous presidential election and the down-ballot fears, something big has been happening quietly in Florida this year: Electric companies have dropped

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FPL upgrading field communications system

Thursday, October 20th, 2016
Florida Power & Light Co. plans to upgrade its communications system to a digital format. The company promised improved responses to power outages and connections to first responders during emergencies.
The utility said Thursday it would abandon its existing analog network in favor of a digital system supplied by Harris Corp, including command consoles and handheld radios for the more than 3,000 FPL field employees across the 35 counties it serves.
“This represents an example of two major Florida companies working together to provide our residents with the best level of service and support possible,” said Eric Silagy, FPL’s president and

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Hurricane Matthew represents a major test for Florida utilities

Friday, October 7th, 2016
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 that Matthew will nonetheless present a serious challenge to the region’s power grid, as millions of Floridians could be left without power.
The Florida Power & Light Company, which services roughly half of the state’s population, estimates as

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FPL halfway to sunny goal of 1 million solar panels installed by year’s end

Thursday, September 15th, 2016
Florida’s top utility is kicking its solar capacity into high gear, celebrating the halfway mark of an audacious goal of one million solar panels in operation by the end of 2016.
Florida Power & Light, the state’s largest solar power generator, announced Thursday the installation of its 500,000th solar panel, part of a plan to bring three new solar energy centers online this year.
Each of the proposed centers expects to generate 74.5 megawatts of generating capacity a piece, making them among the most powerful solar facilities in the eastern U.S.
“We’re tripling the amount of solar energy we generate for our

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