WHY DO SUSTAINABLE TECH COMPANIES INVEST IN FLORIDA?
NextEra Energy, Inc., FPL’s parent company,
is the world’s No.1 generator of energy from the wind and sun,
and FPL is leading solar expansion in the state.
FLORIDA HAS TOP ASSETS
FOR COMPANIES IN RENEWABLE ENERGY.
No.1 IN THE NATION FOR NET SOLAR JOBS ADDED IN 2018
Florida is the fastest growing solar market in the country with a solar job growth of 20.6% in 2018. The state now ranks second in the nation in overall solar jobs, according to The Solar Foundation. The talent you need to succeed is here.
28,000 PLUG-IN ELECTRIC VEHICLES IN FLORIDA
Florida ranks No.2 in the nation for the most EVs owned and largest number of publicly available charging stations. You’ll be adding to an already established market, and your employees can enjoy the state’s sustainable amenities.
no.1 in the southeast FOR BATTERY MANUFACTURING
Florida is also No.3 in the nation and a leader in energy storage systems. The state is home to top companies like SAFT Batteries, Exide Technologies, EnerDel, Apollo Energy Systems and more. You’ll be among many industry peers and able to easily hire skilled professionals.
No.1 in the Southeast U.S. for number of solar manufacturing companies
FPL continues to drive solar investment, ranking second among all electric utilities nationwide for interconnected solar, according to the 2018 Solar Rankings by Smart Electric Power Alliance (SEPA). You will be in good company among industry leaders.
No.1 BUSINESS TAX CLIMATE IN THE SOUTHEAST U.S.
The Tax Foundation ranks Florida No.1 in the Southeast U.S. and No.4 in the nation on business tax-friendliness. Florida is a cost-effective location for your business.
A leader in clean energy
FPL operates approximately 1,250 megawatts of universal solar capacity. That includes 18 solar power plants, two of which feature advanced battery storage systems, and more than 200 smaller solar installations. NextEra Energy, FPL’s parent company, is No. 1 in the nation and a world leader in battery storage.
FOR THE FUTURE.
FPL’s unprecedented “30-by-30” plan to install more than 30 million solar panels by 2030, totaling more than 11,000 MW of solar energy generation, will make the state of Florida a world leader in solar energy. FPL is already the largest solar producer in the state with 18 solar power plants in operation and 10 more on the way by 2020.
FPL is also finding ways to expand its renewable portfolio. FPL already has begun adding battery storage technology at its solar power plants. By deploying energy from the batteries when there is higher demand for electricity, FPL will offset the need to run other power plants – further reducing emissions and saving customers money through avoided fuel costs.
In March 2019, FPL announced a plan to build the world’s largest solar-powered battery system – four times the capacity of the largest battery system currently in operation.
It’s no surprise that NextEra Energy is the world’s No.1 generator of energy from the wind and sun.
Talk to us about your sustainability goals.
HOW FPL HELPS BUILD
A CONCENTRATION OF INDUSTRY LEADERS
In addition to the headquarters of FPL and parent company NextEra Energy, Florida is home to several energy industry leaders in solar component manufacturing, vehicle electrification and energy storage such as JinkoSolar and SolarTech Universal.
AFFORDABLE RATES & INCENTIVES
FPL’s industrial rates are 41% below the national average ― as low as $0.05/kWh. FPL also offers negotiable incentive rates, like the Commercial Industrial Service Rider (CISR), for companies that have a new electric demand of 2 MW or more.
FPL’s reliability is 50% better than the national average. For the third time in four years, FPL received the 2018 ReliabilityOne™ Award, a prestigious recognition for electric utilities, for providing customers with the highest levels of reliability in the industry.
ADVANCED SMART GRID
Investments in FPL’s smart grid benefit customers, resulting in fewer outages and faster restoration. In fact, approximately 546,000 customer interruptions were avoided during Hurricane Irma as a result of smart grid investments.