- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Juno Beach Today
By the People, for the People
Florida Power & Light Saves Customers Over $1 Billion in Annual Fuel Costs
Utility's investments in efficient technologies help keep customer bills low and deliver award-winning reliability.
Published on Mar. 5, 2026
Got story updates? Submit your updates here. ›
Florida Power & Light Company (FPL) announced it surpassed $1 billion in customer fuel savings in 2025, the result of systematic investments in fuel-efficient technologies over the past two decades. FPL's CEO Armando Pimentel said the utility's long-term strategy of investing in innovative technologies is delivering real value for customers, helping reduce bills and ensure reliable, affordable electricity for Florida's growth.
Why it matters
As the largest electric utility in America, FPL's ability to save customers billions in fuel costs through smart investments in its power generation fleet is a significant achievement. Keeping customer bills low and maintaining reliable service are critical priorities for any major utility, especially as Florida's population and economy continue to expand.
The details
FPL has helped reduce customer bills with a collective $17.6 billion in avoided fuel costs since 2001, thanks to investments in ultra fuel-efficient natural gas, zero-emissions nuclear, low-cost solar energy centers, and cutting-edge battery storage. This has allowed FPL to keep typical residential customer bills 30% below the national average and the lowest among rate-regulated utilities in Florida.
- FPL surpassed $1 billion in customer fuel savings in 2025.
- FPL has delivered $17.6 billion in avoided fuel costs for customers since 2001.
The players
Armando Pimentel
CEO of Florida Power & Light Company.
Florida Power & Light Company
America's largest electric utility, delivering reliable power to more than 6 million customer accounts across Florida.
NextEra Energy, Inc.
The parent company of Florida Power & Light Company, one of the largest electric power and energy infrastructure companies in North America.
What they’re saying
“Our long-term strategy of investing in highly efficient and innovative technologies is delivering real value for our customers. These investments are helping us save customers billions in fuel costs and ensuring that Florida has the reliable, affordable electricity it needs to continue to grow and prosper.”
— Armando Pimentel, CEO (Community Newspapers)
The takeaway
FPL's ability to save customers over $1 billion annually in fuel costs through strategic investments in its power generation fleet demonstrates the utility's commitment to providing reliable, affordable electricity to support Florida's continued growth and prosperity.
