September 29, 2020

Energy & Utilities

FPL customers to receive $28 million refund in August as regulators approve Hurricane Matthew cost agreement

FPL to issue customer bill credits during the month of August totaling approximately $28 million; Refund equates to about $3 per 1,000 kWh for residential customers; refunds will also be issued to business customers Read more »
Published on 7/11/2018

Sunrun Brings Affordable Solar, Backup Power And Jobs To Florida

Following a Public Service Commission decision, Sunrun is expanding clean, reliable and affordable energy to households across the state as hurricane season approaches Read more »
Published on 6/7/2018

API announces 'Explore Offshore' coalition to support access to the Atlantic's offshore oil nad natural gas resources

This broad coalition of community organizations, businesses, and local associations across the Southeast in Virginia, North Carolina, South Carolina, Georgia, and Florida, has come together to voice support for reliable, safe, and affordable energy. Read more »
Published on 6/7/2018

Higher gas prices negatively impact summer travel plans

Rising gas prices have put a crimp in travel plans this summer as more Americans are planning staycations instead of hitting the road, according to our 2018 Summer Travel survey. Read more »
Published on 5/21/2018

Southern Company Announces Sale of Certain Florida Assets to NextEra Energy

Southern Company today announced that it has entered into agreements to sell Gulf Power Company, Florida City Gas and the entities holding Southern Power's interests in Plant Oleander and Plant Stanton to NextEra Energy for an aggregate purchase price of approximately $6.475 billion. Net of debt, this reflects an equity value of approximately $5.075 billion. Read more »
Published on 5/21/2018

NextEra Energy reaches definitive agreements to acquire Gulf Power, Florida City Gas and additional assets from Southern Company

Compelling all-cash transactions of attractive electric and natural-gas franchises complement NextEra Energy's existing operations within Florida Read more »
Published on 5/21/2018

Gas prices face upward pressure in Florida, partly due to uncertainties from Iran Nuclear Deal

Oil prices reached a new 2018 high, on the belief that President Trump may pull out of the Iran Nuclear Deal. Such a move would likely reinstate sanctions, resulting in reduced global supply, and higher fuel prices. Read more »
Published on 5/8/2018

Major Solar Energy Project Announced by Florida Municipal Utilities

Project will be one of the largest municipal-backed solar projects in the nation. Read more »
Published on 5/7/2018

Florida PSC to hold Hurricane Preparedness and Restoration Actions Workshop

The Florida Public Service Commission (PSC) will hold a workshop on electric utilities' hurricane preparedness and restoration on May 2-3, 2018 in Tallahassee. Read more »
Published on 5/1/2018

Duke Energy announces new executive appointments

Harry Sideris named senior vice president and chief distribution officer, succeeding Michael Lewis who will retire after 30 years in the energy industry. Catherine Stempien named Florida state president. Read more »
Published on 4/26/2018

NRC to Issue New Reactor Licenses to Florida Power and Light for Turkey Point Site Near Miami

The Nuclear Regulatory Commission has authorized its staff to issue Combined Licenses for Florida Power and Light's Turkey Point site in Florida. The licenses grant FPL permission to build and operate two AP1000 reactors at the site, about 25 miles south of Miami. Read more »
Published on 4/10/2018

JinkoSolar to begin manufacturing solar panels in Florida

NextEra Energy and JinkoSolar announce deal for millions of solar panels Read more »
Published on 4/2/2018

Florida Power & Light announces locations for next wave of solar power plants

FPL continues to advance affordable clean energy for customers Read more »
Published on 3/5/2018

Florida Public Service Commission (PSC) Finds Need for New FPL Dania Beach Plant

The Florida Public Service Commission (PSC) today determined there is a need for Florida Power & Light Company (FPL) to replace its power plant in Broward County with a more efficient clean energy center. Expected to begin service in 2022, the new plant will increase system reliability at a reduced cost for FPL customers. Read more »
Published on 3/2/2018

Florida Petroleum Council: Offshore exploration beneficial to Florida's economy and jobs

Florida Petroleum Council Executive Director David Mica today pointed to Florida's significant economic opportunity to safely and responsibly develop Florida's offshore energy resources in advance of the Bureau of Ocean Energy Management public hearing on the Interior Department's proposed five-year offshore natural gas and oil leasing plan. Read more »
Published on 2/8/2018

Fracking Ban Bill Passes First Senate Committee

Despite early indications that a proposal to ban fracking in Florida would not advance in the current state legislative session, the bill passed its first senate committee Monday. Read more »
Published on 2/7/2018

Clean manufacturing: A business profile of Innova

Innova's home panels weather Mother Nature's best shot and are energy-efficient. Read more »
Published on 1/26/2018

Duke Energy Florida customers will not see rate increase for Hurricane Irma and related $513-million in storm costs

Company will apply federal tax savings to prevent rate increase -- Average residential customer will save $187 Read more »
Published on 1/24/2018

President's Decision on Solar Tariffs is a Loss for America

The Solar Energy Industries Association (SEIA) – the national trade association for the U.S. industry - and its members expressed disappointment in the decision by President Trump to impose 30 percent tariffs on imported solar cells and panels. Read more »
Published on 1/24/2018

FPL to apply federal tax savings toward $1.3 billion cost of Hurricane Irma to prevent increase in customer rates

Because of federal tax savings beginning in 2018, FPL will not need to raise rates to pay for the unprecedented Hurricane Irma restoration - saving each of FPL's 4.9 million customers an average of $250 Read more »
Published on 1/18/2018

Florida Power & Light Company joins contingent of electric power industry experts to assist with power restoration in Puerto Rico

Florida Power & Light Company (FPL) announced that a 10-person team of restoration experts traveled to Puerto Rico this past weekend to support ongoing restoration efforts across the Commonwealth. FPL's team joined a contingent of seven Incident Management Teams (IMTs), each comprised of professionals representing electric companies from across the U.S. Read more »
Published on 1/17/2018

Hubbell Incorporated to Acquire Aclara Technologies LLC for $1.1 Billion

Strengthens Hubbell Power Systems' Leadership Position in Utility Markets; Adds High Quality Critical Components with Communication Functionality Read more »
Published on 12/27/2017

Florida PSC Decides on FPL's Environmental Recovery and Solar Project Costs

The Florida Public Service Commission (PSC) today found that Florida Power & Light Company (FPL) acted prudently in complying with environmental regulatory agencies' requirements for its Turkey Point Cooling Canal Monitoring Plan. FPL asked to recover the plan's costs through the PSC's Environmental Cost Recovery Clause (ECRC). Read more »
Published on 12/13/2017

Building a Smarter Energy Future

Duke Energy is shaping the energy future with cleaner, smarter solutions for Florida and its 1.8 million customers here in the Sunshine State. Read more »
Published on 10/27/2017

Duke Energy settlement agreement paves way for smarter energy future

Settlement includes investments in grid modernization, smart meters, solar, electric vehicle charging stations, battery storage and new programs to enhance customer choices Read more »
Published on 10/26/2017

Florida Business News

Florida Trend Video Pick

Half a million Florida residents may still be eligible for stimulus checks
Half a million Florida residents may still be eligible for stimulus checks

The IRS launched a national campaign this week that includes notifying more than 567,000 residents in Florida who did not file a tax return in 2018 or 2019 but may still be eligible for a coronavirus stimulus check.

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