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Florida Power & Light Company

 
Hoover's Profile: Florida Power & Light Company
Contact Information
Florida Power & Light Company
700 Universe Blvd.
Juno Beach, FL 33408
FL Tel. 561-694-4000
Fax 561-694-4620

Type: Subsidiary
On the web: http://www.fpl.com
Employees: 10,499

Florida Power & Light (FPL) sheds extra light onto the Sunshine State. The company, a subsidiary of utility holding company FPL Group, serves some 4.5 million electricity customers in eastern and southern Florida. FPL has more than 73,450 miles of transmission and distribution lines, as well as interests in fossil-fueled and nuclear power plants that give it a generating capacity of about 25,000 MW. FPL's Energy Marketing and Trading unit purchases and sells energy commodities (including electricity, natural gas, and oil) to wholesale customers.

Key numbers for fiscal year ending December, 2008:
Sales: $11,649.0M

Officers:
Chairman: Lewis (Lew) Hay III
President and CEO: Armando J. Olivera
EVP Finance and CFO: Armando Pimentel Jr.

Competitors:
Progress Energy Florida
Gulf Power
Tampa Electric

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