Florida Power & Light Company (FPL) made a strong commitment to support economic development in Florida when it established its Office of Economic Development (OED) in 2012. Since then, the company has taken a leadership role in Florida’s economic development efforts. In fact, FPL’s OED has been recognised as a ‘Top Utility in Economic Development’ by Site Selection and Business Facilities magazines – the nation’s leading economic development trade publications – every year since 2015. In 2020, FPL’s OED received top honours from both organisations.
FPL’s strong partnership with its communities has had a significant impact on Florida’s economic development competitiveness and success over the past seven years. Since 2012, its staff and programmes have supported the creation of more than 82,000 new jobs, and almost 16,000 retained jobs. These results are not coincidental; its investments are focused on enhancing the success of the state, regional and local economic development organisations.
A focus on ‘white glove service’ and support for all business expansions and relocations is at the centre of the utility’s business recruitment programme. This service includes assistance with site and building searches; site infrastructure assessments; utility rate quotes; electricity rate incentives; tax exemptions; connection to energy efficiency and clean energy programmes; and support with electric service planning.