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FPL Named One of Nation’s Top U.S. Utilities in Economic Development

For the sixth time, FPL is ranked as one of the top 20 utilities for economic development project investment and affiliated job creation, standing out among 3,300 utilities across the U.S.

JUNO BEACH, Fla. – (Sept. 15, 2022) – Florida Power & Light Company (FPL), under parent NextEra Energy, Inc., is honored to be recognized on Site Selection magazine’s annual Top U.S. Utilities in Economic Development list.

The list, featured in the magazine’s September issue, is based on analysis of utility economic development impact, including jobs and capital investment associated with competitive business location decisions. Site Selection also evaluated website tools and data, innovative programs and incentives for business, including energy efficiency and renewable energy programs, and each utility’s own job-creating infrastructure and facility investment trends.

“More and more companies recognize how much the Sunshine State has to offer and they’re helping boost Florida’s already diverse economy through relocation,” said Eric Silagy, FPL Chairman and Chief Executive Officer. “FPL’s Office of Economic Development, and team members across our company, continue to attract job creators and capital investors throughout the nation so FPL customers and the entire state of Florida can benefit from a robust economy. This recognition highlights how important their efforts have been and I’m proud of what they’re doing to help our communities grow.”

FPL’s Office of Economic Development – PoweringFlorida – was established in 2011 to help strengthen the state’s economy. The PoweringFlorida team assists companies searching for a new or expanded location by providing site and building information, workforce and community demographics, infrastructure assessments and competitive economic development rate programs. FPL’s headquarters in Juno Beach is also home to 35 Mules, an innovation hub supporting seven startup companies.

Since its launch in 2011, PoweringFlorida has helped nearly 250 companies locate or expand in Florida, resulting in more than 110,000 new and retained jobs, and a nearly $90 billion impact on the state’s economy.

This summer, FPL’s parent company, NextEra Energy, became the first company in history committed to moving past net zero all the way to Real ZeroTM, leveraging low-cost renewables to drive energy affordability for customers. The company has developed the Zero Carbon BlueprintTM, a comprehensive carbon-emissions-reduction plan, to outline the steps it would need to take to achieve its goals and track its progress. The plan would result in NextEra Energy decarbonizing itself, while leveraging its considerable scale and expertise to help its power sector and commercial and industrial customers reduce and, ultimately, eliminate carbon emissions from their own operations.

Florida Power & Light Company
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 5.8 million accounts, or more than 12 million people. FPL operates one of the cleanest power generation fleets in the U.S and in 2021 won the ReliabilityOne® National Reliability Award for the sixth time in the last seven years. The company received the top ranking in the southern U.S. among large electric providers, according to J.D. Power’s 2021 Electric Utility Residential Customer Satisfaction StudySM and 2021 Electric Utility Business Customer Satisfaction StudySM. The company was also recognized in 2020 as one of the most trusted U.S. electric utilities by Escalent for the seventh consecutive year. FPL is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity.  NextEra Energy is ranked No. 1 in the electric and gas utilities industry in Fortune’s 2022 list of “World’s Most Admired Companies” and recognized on Fortune’s 2021 list of companies that “Change the World.” NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. For more information about NextEra Energy companies, visit these websites:,,

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