what makes a world of difference?
Paying less for the power that drives your business.
FLORIDA’S BUSINESS CLIMATE IS JUST RIGHT
#2 BEST STATE FOR BUSINESS
A survey of CEOs from Chief Executive Magazine named Florida the second best state for business.
#4 Best Tax Climate
The Tax Foundation ranks Florida fourth in the nation on tax-friendliness so you can focus on investing in your business.
8 Submarine Cable Landing Points
Connecting to Latin America, the Caribbean and Europe – more than any other state on the East Coast.
Powerful Network of tier 1 Telecom Providers
Century Link, Cogent, Level 3, Sprint, Verizon, XO, Zayo and a network of metro providers.
TAX EXEMPTIONS FOR YOUR BUSINESS
Florida exempts sales and use tax on data center property.
UNIQUE, COMPETITIVE TAX ADVANTAGES
Florida is one of only four states that exempts electricity.
FLORIDA OFFERS COMPETITIVE TAX INCENTIVES
Florida is a competitive state for data center attraction in part because of its favorable tax policies. The Sunshine State is one of only four states that exempts the sales and use tax on electricity. It also has exemptions from sales and use tax on data center property. The term “property” includes, but is not limited to, construction materials, component parts, machinery, equipment, computers, servers, installations, redundancies, and operating or enabling software, including any replacements, updates and new versions, and upgrades to or for such property, regardless of whether the property is a fixture or is otherwise affixed to or incorporated into real property.
The tax policy is meant to attract large power users, requiring data centers to make a minimum capital investment of $150 million and have a critical IT load of 15 MW or more.
WHY FPL IS DATA CENTER DRIVEN
FPL’s reliability is 44 percent better than the national average, and boasts the best SAIDI rating in the state. And in 2017, for a fourth year in a row FPL has received the 2017 ReliabilityOne™ Award, a prestigious recognition for electric utilities for providing their customers with the highest levels of reliability in the industry.
FPL’s storm strengthening investments helped shave three days on average off of power restoration time for customers. In fact, more than half of the customers affected by Hurricane Irma were restored within one day.
Affordable Rates & Incentives
FPL electric rates are 41 percent below the national average and as low as $0.05/kWh. And FPL offers a negotiable incentive rate, the Commercial Industrial Service Rider (CISR), for companies who have a new electric demand of 2 MW or more.
ADVANCED SMART GRID
Investments in FPL’s smart grid benefits customers, resulting in fewer outages and faster restoration.