Rates & Energy Incentives for Businesses
As America's largest electric utility, Florida Power & Light Company serves more customers and sells more power than any other utility, providing clean, affordable, reliable electricity to more than 6 million accounts, or approximately 12 million people. FPL operates one of the most fuel efficient and cleanest power generation fleets in the U.S and in 2025 won the ReliabilityOne® National Reliability Award for the eighth time in the last eleven years. FPL provides America's best energy value — energy that's clean, affordable and reliable.
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.
Curious about how much your business could save? Contact our team for an energy assessment and start capitalizing on available opportunities.
Economic Development Rider (EDR)
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
Qualifications and requirements for each are listed below or download all qualification requirements 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 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%
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.
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.
Clean Energy, Sustainability & Efficiency
Record of Reliability
Innovative Ideas
Rates & Incentives
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.