FPL Programs and Incentives for Businesses
Power costs should never be a barrier for your business. Even with rates among the lowest in the Southeast and well below the national average, we understand that sometimes it takes more in today's competitive economy. In addition to our competitive energy costs, FPL also offers a variety of incentives and rebate programs. Businesses can save on new construction, retrofits or relocations by utilizing energy-efficient equipment or installing energy-efficiency upgrades.
Economic Development Rider (EDR)
FPL's EDR is designed to help attract new investment and create more jobs in Florida. Eligible companies receive financial incentives or discounts on new electric demand for up to five years.
Rate and Incentives FAQs
EDR – Full Qualifications Here
The new load applicable under this Rider must be a minimum of 350 kW at a single location, and such new load cannot exceed 25 MW at the location. To qualify for service under this Rider, the customer must employ an additional workforce of at least 25 full-time employees. The customer must meet its new load commitment on an annual basis during the term of the Rider.
OR
Large EDR – Full Qualifications Here
The new load applicable under this Rider must be a minimum of 1 MW at a single location, and such new load cannot exceed 25 MW at the location. To qualify for service under this Rider, the customer must employ an additional workforce of at least 40 full-time employees. The customer must meet its new load commitment on an annual basis during the term of the Rider.
EDR
Declining discount on base energy and demand charges over 5 years
Year 1: 20%
Year 2: 15%
Year 3: 10%
Year 4: 5%
Year 5: 5%
Large EDR
Declining discount on base energy and demand charges over 5 years
Year 1: 40%
Year 2: 30%
Year 3: 20%
Year 4: 10%
Year 5: 10%
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.
Commercial/Industrial Service Rider (CISR)
This Rider is available, at the company’s option, to non-residential customers currently taking firm service, or qualified to take firm service, under the company’s rate schedules applicable to loads of 2 MW or greater. Customers desiring to take service under this rider must make a written request.
Becoming an FPL Customer is Great for Business
Small businesses and larger scale companies utilizing commercial buildings can find ways to reduce their energy use through energy efficiency programs, optimized energy star certified efficient equipment and more. FPL continues investing in new technologies to help reduce energy bills for growing businesses. FPL offers a range of energy-saving initiatives that help businesses reduce their operational costs while promoting sustainability.
Typical FPL customer bills are lower than the state, regional, and national averages.
How Can We Help You Get Moving Today?
Our team of energy management experts can help you understand complicated problems, connect you with partners and put all the pieces together.
