Why Florida for Data Centers

what makes a world of difference?

Paying less for the power that drives your business.

FLORIDA’S BUSINESS CLIMATE IS JUST RIGHT

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#2 BEST STATE FOR BUSINESS

A survey of CEOs from Chief Executive Magazine named Florida the second best state for business. This makes locating in Florida an easy choice.

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#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.

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9 Submarine Cable Landing Points

Connecting to Latin America, the Caribbean and Europe – more than any other state on the East Coast. This makes it easy to connect to the world.

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Powerful Network of tier 1 Telecom Providers

Century Link, Cogent, Level 3, Sprint, Verizon, XO, Zayo and a network of metro providers. There is infrastructure in place to make communicating easy.

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TAX EXEMPTIONS FOR YOUR BUSINESS

Florida exempts sales and use tax on data center property. So you can invest your savings in your business.

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UNIQUE, COMPETITIVE TAX ADVANTAGES

Florida is one of only four states that exempts electricity sales tax. This makes Florida a cost-effective place to conduct business.

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.

Data Center Tax Exemption Application Form

WHY FPL IS DATA CENTER DRIVEN

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Best-In-Class Reliability

FPL’s reliability is 50% better than the national average, and boasts the best SAIDI rating in the state. And just last year, FPL received PA Consulting’s National ReliabilityOne^TM award for the third time in four years. The prestigious award is given annually to utilities that have excelled in delivering reliable electric service to their customers.

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Hurricane Preparedness

FPL’s storm investments to build a stronger, smarter and more storm resilient grid helped the company restore power eight days faster for customers following Hurricane Irma. In fact, more than half of the customers affected by Irma were restored within one full day of the hurricane exiting the state.

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Affordable Rates & Incentives

FPL electric rates are 41% 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.

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ADVANCED SMART GRID

Investments in FPL’s smart grid benefits customers, resulting in fewer outages and faster restoration.

Explore Data Centers Currently Operating in Florida

Additional Resources

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