FPL completes the integration of Gulf Power; Extends America’s Best Energy Value to Northwest Florida

0


JUNO BEACH, Florida, January 1, 2022 / PRNewswire / – Florida Power & Light Company and Gulf Power Company have integrated and are now doing business as Florida Power & Light Company at Northwest Florida.

“It’s an exciting day for everyone at FPL and Gulf Power, as well as the 5.6 million customers we have served across Florida since. Miami at Pensacola, as we move towards Northwest Florida’s best energy value – electricity that is not only clean and reliable, but also affordable. Customers in Northwest Florida will benefit from increasingly affordable electricity bills as part of the company’s approved four-year tariff plan, ”said Eric Silagy, President and CEO of FPL. “Since the acquisition of Gulf Power in 2019, our team has worked tirelessly to identify and implement productivity improvements and integrate the two companies, improving reliability by approximately 50% and reducing the rate of dioxide emissions. nearly 30% carbon in just three years. Today’s step is the next step in continuing to build a more resilient and sustainable energy future that we can all count on, including future generations. “

Gulf Power’s productivity improvements since its acquisition by NextEra Energy, FPL’s parent company, are expected to reduce annual O&M expenses in 2022 by $ 86 million which, on a scale-adjusted basis, equates to saving close to $ 1 billion at the FPL. FPL also foresees long-term benefits of the combined system of approximately $ 1.5 billion As a result of the power generation upgrades already underway, a new transmission line physically connecting the two utility systems and the ability to allocate and plan a common fleet of power generation resources. In total, the combination of the two companies and operating as a single utility system is expected to save customers more than $ 2.8 billion over the life of these assets.

FPL will rename Gulf Power’s office buildings, trucks and uniforms with the FPL logo in the coming months. During this transition period, customers can see employee uniforms and vehicles with the FPL or Gulf Power logo.

“As the logo on our bucket trucks and office buildings changes, our unwavering commitment to Northwest Florida will remain as strong as ever, ”said Silagy. “The FPL team remains proud to continue to call you our neighbors and to stay in Northwest Florida to serve you.”

New tariff plan
The company’s four-year pricing plan, unanimously approved by the Florida Public Service Commission in October 2021, comes into force on January 1, 2022. The plan unifies the rates and tariffs of FPL and Gulf Power and supports FPL’s continued long-term investments in infrastructure, clean energy and innovative technologies, including the largest solar building in the United States. For FPL and Gulf Power customers, the settlement agreement implements a bridging / credit mechanism to settle these differences in a reasonable manner for all customers. The bridging rider / credit will fall to zero over a five-year period, at which time rates would be fully aligned by January 1, 2027.

Under this plan, the typical residential 1,000 kWh FPL bill is expected to remain well below the national average and among the lowest in Florida until 2025. For customers of Northwest Florida, the bill for a typical residential customer of 1,000 kWh is expected to decline over the next four years. To learn more about the plan, visit www.FPL.com/réponses.

System improvements
System improvements are underway and will continue throughout the weekend. During the transition, customers will not be able to manage their accounts, make a payment or report an outage on the Gulf Power website, mobile app, or through the automated phone system. Customers can continue to report an outage to 800-487-6937 during this time. Rest assured that there will be no disconnections or negative impacts on the status of customer accounts until the systems are available.

New customer experience
Departure January 3, customers can visit their new web experience at FPL.com and log in with their existing username and password to manage their account. The FPL mobile app will also be available for download to provide customers with instant and secure access to their accounts, while on the go. In addition, customers will be able to report an outage via FPL.com and the new FPL mobile application.

Be aware of potential scams
FPL encourages its customers to be on the lookout for potential scams. Scammers continue to aggressively target utility customers using phones, emails and in-person visits. Beware of suspicious activity and learn to spot a scam. The company reminds its customers and others:

  • Hang up if you receive a suspicious call from someone claiming to be FPL. Caller ID can even display the name of FPL or Gulf Power.
  • Never share personal information.
  • Do not pay over the phone if the caller requests immediate payment only with a prepaid card or wire transfer to avoid disconnection.
  • Ask to see some ID if someone comes to your door or into your yard and claims to represent FPL or Gulf Power. All company employees wear photo identification badges.
  • Contact FPL at 800-225-5797 to report a scam or confirm information if you are in doubt about anything you receive by mail or email.

After a scam, customers should also contact their local police department, the Florida Attorney General’s office at www.MyFloridaLegal.com or the Federal Trade Commission at www.consumer.ftc.gov.

Florida Power & Light Company
Florida Power & Light Company is the largest energy company in the United States in terms of retail electricity produced and sold. The company serves more than 5.6 million customer accounts and provides clean, reliable and affordable electricity to more than 11 million Florida residents. FPL operates one of the cleanest power generation parks in the United States and 2021 won the ReliabilityOne® National Reliability Excellence Award, presented by PA Consulting, for the sixth time in the past seven years. The company was recognized in 2020 as one of the most reliable U.S. electric utilities by Escalent for the seventh consecutive year. FPL is a subsidiary of Juno Beach, Floridabased at NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, ethics and diversity, and has been ranked # 1 in the service industry electricity and gas utilities in Fortune’s 2021 list of “World’s Most Admired Companies.” NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, along with its affiliates, is the world’s largest producer of renewable energy from wind and sun and a global leader in battery storage. For more information on the NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.

THE SOURCE Florida Power & Light Company; NextEra Energy, Inc.


Share.

Comments are closed.