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Latest Florida Power & Light Stories

2011-12-19 09:15:00

JUNO BEACH, Fla., Dec. 19, 2011 /PRNewswire-FirstCall/ -- Florida Power & Light Company President and CEO Armando J. Olivera has announced his plan to retire on May 2, 2012, after observing his 40th anniversary with the company. (Logo: http://photos.prnewswire.com/prnh/20110301/FL56993LOGO ) As a result, Eric Silagy, currently senior vice president of regulatory and state government affairs at FPL, has been named to succeed Mr. Olivera. Mr. Silagy is appointed as FPL president,...

2011-12-12 09:17:00

JUNO BEACH, Fla., Dec. 12, 2011 Florida Power & Light Company (FPL) today announced the sale of $600 million in principal amount of its 30-year first mortgage bonds bearing interest at 4.125 percent per year and maturing on February 1, 2042. (Logo: <font size="2" face="Arial">http://photos.prnewswire.com/prnh/20110301/FL56993LOGO</font> ) The first mortgage bonds were offered to the public at 99.753 percent of face value to yield 4.139 percent when held to maturity. Net...

2011-11-22 15:17:00

JUNO BEACH, Fla., Nov. 22, 2011 /PRNewswire/ -- NextEra Energy Resources, LLC, the competitive energy subsidiary of NextEra Energy, Inc. (NYSE:NEE), today announced that it has completed the sale of its ownership interest in a portfolio of natural gas-fired generating assets to an affiliate of LS Power. <font size="2" face="Arial">(Logo: http://photos.prnewswire.com/prnh/20110421/FL87524LOGO )</font> The power plants sold to an affiliate of LS Power are the 507-megawatt Blythe...

2011-11-21 10:00:00

JUNO BEACH, Fla., Nov. 21, 2011 /PRNewswire/ -- In a filing with the Florida Public Service Commission (PSC) today, Florida Power & Light Company revised its anticipated 2012 fuel costs downward by approximately $460 million. (Logo: <font size="2" face="Arial">http://photos.prnewswire.com/prnh/20110301/FL56993LOGO</font> ) If the lower rate is approved by the PSC, the amount that a 1,000-kWh FPL residential customer will pay monthly for fuel in 2012 will drop by...

2011-11-16 09:00:00

JUNO BEACH, Fla., Nov. 16, 2011 /PRNewswire/ -- Last night, Florida Power & Light Co. earned the 2011 ServiceOne Award for exceptional customer service presented annually to utility companies by the worldwide consulting firm PA Consulting Group. FPL is the only utility to win this award eight consecutive years. <font size="2" face="Arial">(Logo: http://photos.prnewswire.com/prnh/20110301/FL56993LOGO )</font> The ServiceOne Award is based on a set of criteria that covers...

2011-11-04 06:30:00

JUNO BEACH, Fla., Nov. 4, 2011 /PRNewswire-FirstCall/ -- NextEra Energy, Inc. (NYSE: NEE) has posted its third quarter 2011 financial results in a news release available on the company's website by accessing the following link: www.nexteraenergy.com/investors. (Logo: http://photos.prnewswire.com/prnh/20110124/FL34682LOGO ) In conjunction with the issuance of the news release, Lew Hay, chairman and chief executive officer of NextEra Energy, and other members of the company's senior...

2011-10-21 11:15:00

JUNO BEACH, Fla., Oct. 21, 2011 /PRNewswire/ -- On Oct. 27, 2011, Florida Power & Light Company customers interested in installing solar-powered upgrades to their homes and businesses can apply for 2012 incentive funding. (Logo: http://photos.prnewswire.com/prnh/20110301/FL56993LOGO ) As part of an ongoing pilot program approved by the Florida Public Service Commission (PSC) to help reduce energy consumption and peak demand, rebates for 2012 will be available on a first-come,...

2011-10-14 15:37:00

JUNO BEACH, Fla., Oct. 14, 2011 /PRNewswire/ -- The board of directors of NextEra Energy, Inc. (NYSE: NEE) today declared a regular quarterly common stock dividend of 55 cents per share. The dividend is payable on Dec. 15, 2011, to shareholders of record on Nov. 25, 2011. (Logo: http://photos.prnewswire.com/prnh/20110124/FL34682LOGO ) NextEra Energy, Inc. NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with 2010 revenues of more than $15 billion, nearly 43,000...

2011-10-13 08:00:00

JUNO BEACH, Fla., Oct. 13, 2011 /PRNewswire/ --NextEra Energy's investments of more than $38 billion in electric infrastructure over the past decade have proven that power companies can deliver a product that is low-cost, clean and reliable - all at the same time - as outlined in the company's detailed 2011 Sustainability Report, released to the public today to mark National Energy Awareness Month. (Logo: http://photos.prnewswire.com/prnh/20110124/FL34682LOGO ) "Electricity is the...

2011-09-12 15:05:00

JUNO BEACH, Fla., Sept. 12, 2011 /PRNewswire/ -- For the second consecutive year, NextEra Energy, Inc., parent company of Florida Power & Light Co., has been named one of the nation's best companies for diversity practices by HispanicBusiness magazine. (Logo: http://photos.prnewswire.com/prnh/20110124/FL34682LOGO ) The annual list honors companies for their commitment to Hispanic hiring, promotion, marketing, philanthropy and supplier diversity. "At NextEra Energy, we recruit and...