- FPL and Duke Energy Florida have reached an agreement which
allows the North Florida Resiliency Connection to remain on track
to begin serving customers by the end of July.
- State-of-the-art, storm-hardened transmission line to
physically connect FPL's energy grid to Northwest Florida and help make Florida's
energy grid even more resilient.
- Transmission line unlocks approximately $1.5 billion in system benefits from dispatching
the company's generation fleet as a combined system following the
consolidation of FPL and the former Gulf Power.
JUNO
BEACH, Fla., May 5, 2022
/PRNewswire/ -- Florida Power &
Light Company today announced it has reached an agreement
with Duke Energy Florida that allows the North Florida Resiliency
Connection (NFRC) to remain on track to begin serving customers in
time for the 2022 Atlantic hurricane season.
"We are pleased to have resolved all outstanding concerns
between FPL and Duke Energy Florida pertaining to the North Florida
Resiliency Connection transmission line," said FPL Chairman and CEO
Eric Silagy. "Forecasters are
already predicting another active hurricane season and we know this
new, state-of-the-art, storm-hardened transmission line will be an
important tool in helping us restore power more quickly whenever
severe weather hits."
Spanning 176 miles from Columbia to Jackson counties, the NFRC will physically
connect FPL's energy grid to Northwest
Florida when construction is complete, which is expected by
the end of July. In addition to improving day-to-day reliability
and enhancing FPL's storm response, the transmission line unlocks
approximately $1.5 billion in system
benefits following the consolidated operations of FPL and the
former Gulf Power. When the transmission line enters service, FPL
will be able to dispatch from, and plan for, a common fleet of
power generation resources that are among the cleanest and most
fuel-efficient in America.
The 2022 Atlantic hurricane season begins June 1. FPL has a plan for storm season and
prepares year-round. The company encourages customers to have a
plan, too. For tips on how customers can prepare their homes and
business for storm season, visit FPL.com/Storm.
Florida Power & Light
Company
As America's largest electric utility, Florida Power & Light Company serves more
customers and sells more power than any other utility, providing
clean, affordable, reliable electricity to more than 5.7 million
accounts, or more than 12 million people. FPL operates one of
the cleanest power generation fleets in the U.S and in 2021 won the ReliabilityOne® National
Reliability Award for the sixth time in the last seven years. The
company received the top ranking in the southern U.S. among large
electric providers, according to J.D. Power's 2021 Electric Utility
Residential Customer Satisfaction StudySM and 2021
Electric Utility Business Customer Satisfaction StudySM.
The company was also recognized in 2020 as one of the most trusted
U.S. electric utilities by Escalent for the seventh consecutive
year. FPL is a subsidiary of Juno Beach,
Florida-based NextEra Energy, Inc. (NYSE: NEE), a clean
energy company widely recognized for its efforts in sustainability,
corporate responsibility, ethics and compliance, and diversity.
NextEra Energy is ranked No. 1 in the electric and gas utilities
industry in Fortune's 2022 list of "World's Most Admired Companies"
and recognized on Fortune's 2021 list of companies that "Change the
World." NextEra Energy is also the parent company of NextEra Energy
Resources, LLC, which, together with its affiliated entities, is
the world's largest generator of renewable energy from the wind and
sun and a world leader in battery storage. For more information
about NextEra Energy companies, visit these websites:
www.NextEraEnergy.com, www.FPL.com,
www.NextEraEnergyResources.com.
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SOURCE Florida Power & Light
Company