Florida Power & Light (FPL) continues to operate under its original name. However, its parent company, formerly known as FPL Group, changed its name to NextEra Energy in 2010.
This is the key distinction: while Florida Power & Light remains a distinct operating entity providing electricity services to millions, it is now a significant subsidiary of the larger NextEra Energy corporation. Therefore, there isn't a "new name" for Florida Power & Light itself, but its overarching corporate identity at the parent level has evolved.
Understanding NextEra Energy
NextEra Energy is a leading clean energy company and one of the largest electric power companies in North America. Its strategic rebranding from FPL Group reflected its broader focus beyond just Florida, encompassing a diverse portfolio of energy businesses.
Key Facts about NextEra Energy:
| Aspect | Detail |
|---|---|
| Former Parent Name | FPL Group (1984–2010) |
| Total Equity (2023) | US$57.77 billion |
| Number of Employees (2023) | Approximately 16,800 |
| Key Subsidiaries | Florida Power & Light, NextEra Energy Resources |
| Website | nexteraenergy.com |
Subsidiaries and Operations
NextEra Energy's operations primarily consist of two major segments:
- Florida Power & Light (FPL): This remains the principal regulated electric utility in Florida, serving millions of customers across the state. FPL focuses on reliable electricity generation, transmission, and distribution, innovating to provide cleaner energy solutions within Florida.
- NextEra Energy Resources: This subsidiary is recognized as one of the largest generators of renewable energy from the wind and sun, and a world leader in battery storage, across North America. It develops, constructs, and operates clean energy projects for wholesale customers.
The transformation of FPL Group into NextEra Energy signifies a strategic shift towards broader renewable energy initiatives and a more diversified energy portfolio, while Florida Power & Light continues its essential service under its long-established identity as part of this larger, forward-looking energy company.
