Utilities Florida Power & Light and Gulf Power Plan Merger
Florida Power & Light is by far the largest utility in the state with roughly 5 million customers along much of the East Coast and parts of Southwest Florida and North Florida. Gulf Power has about 470,000 customers in eight counties in the Panhandle.
April 22, 2020 at 06:43 PM
3 minute read
Florida Power & Company. Photo: Youtube
In a move that would create a utility with customers from Miami to Pensacola, Florida Power & Light and Gulf Power plan to merge in 2022, their parent company, NextEra Energy, said.
NextEra, which has long included FPL, closed a deal in January 2019 to purchase Gulf Power from Southern Company. But FPL and Gulf, which have a combined total of about 5.5 million customers, did not merge.
In a news release Wednesday about its quarterly earnings, NextEra said it has made a filing at the state Public Service Commission that "reflects the expectation that FPL and Gulf Power will begin to operate as an integrated electric system in 2022."
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