FPL offers EDR and EFEDR programs. Qualifications for each are listed below and more information about qualifying for EDR and EFEDR programs can be found here.

EDR Level I

Create at least 25 new jobs per 350 kW demand of new electric demand

This is a ratio - if a company has 700 kW of new electric demand, they must create at least 50 new jobs

OR

EDR Level II

Create at least 40 new jobs per 1 MW demand of new electric demand

This is a ratio - if a company has 2 MW of new electric demand, they must create at least 80 new jobs

FPL also offers an Existing Facility Economic Development Rider (EFEDR)

For establishment of new load in commercial or industrial space vacant for 6+ months

Minimum 25 new jobs per 350 kW new demand

Download FPL’s EDR agreement

FPL offers three levels of EDR discounts:

EDR level I

Declining discount on base energy and demand charges over 4 years

Year 1: 20%

Year 2: 15%

Year 3: 10%

Year 4: 5%

EDR level II

Year 1 – 40% reduction in base demand and energy charges*

Year 2 – 30%
Year 3 – 20%  

Year 4 – 10%  

Year 5 – 0%

EFEDR

Year 1: 25%

Year 2: 20%

Year 3: 15%

Year 4: 10%

Year 5: 5%

To negotiate a rate, potential or existing businesses must:

• Have a load of 2,000 kW or greater, served by a single meter
• Document that this is part of a competitive site location project with opportunities for lower electric rate alternatives
• If you think your project qualifies, complete FPL's rate quote worksheet and contact FPL's Economic Development Team upon completion

Download FPL’s CISR tariff

FPL requires at least two of these three factors to determine your rate: kW demand, monthly kWh or load factor.

Even with rates among the lowest in the Southeast and well below the national average, we understand that in today’s competitive economy, sometimes it takes more. Fill out our rate quote worksheet to help us assess your power requirements and find more savings eligibility for your bottom line.

Companies can save energy costs with tax credits, HVAC upgrades and tax deductions. To learn more about tax incentives, our exemptions page reviews the ways different types of businesses can benefit and optimize their energy costs.