Rates & Energy Incentives for Businesses
FPL provides America's best energy value — energy that's clean, affordable and reliable. Energy efficiency is a priority for FPL, and the company continues to invest in a stronger, smarter and more secure energy grid. FPL offers some of the best energy rates in the U.S., translating into savings for your business. Let us help you with a customized rate quote and incentives evaluation.
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.
Commercial Industrial Service Rider (CISR)
CISR aims to bring in new users who require large energy solutions to the state for a competitive site location project.
Rate and Incentives FAQs
FPL offers EDR and EFEDR programs. 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 also offers an Existing Facility Economic Development Rider (EFEDR)
For establishment of new load in commercial or industrial space vacant for 6+ months
Minimum 25 new jobs per 350 kW new demand
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%
EFEDR
Year 1: 25%
Year 2: 20%
Year 3: 15%
Year 4: 10%
Year 5: 5%
To negotiate a rate, potential or existing businesses must:
- Have a load of 2,000 kW or greater, served by a single meter
- Document that this is part of a competitive site location project with opportunities for lower electric rate alternatives
- If you think your project qualifies, complete FPL's rate quote worksheet and contact FPL's Economic Development Team upon completion.
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. Companies qualifying for these programs can benefit from incentives like energy investment tax credits, which are determined by the credit amount outlined by the IRS. FPL also supports businesses exploring alternative fuel options, providing a clear path to cleaner energy use. With these initiatives, FPL does more than just offer competitive rates—it helps businesses become more energy-efficient and environmentally conscious.
Clean Energy, Sustainability & Efficiency
Record of Reliability
Innovative Ideas
Rates & Incentives
Typical FPL customer bills are lower than the state, regional, and national averages.
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