FPL Group is the leading energy company for Florida.
Headquartered in Juno Beach, FPL Group’s principal subsidiaries are NextEra Energy Resources (formerly FPL Energy), the largest generator in North America of renewable energy from the wind and sun, and Florida Power & Light Company, which serves 4.5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country. Through its subsidiaries, FPL Group collectively operates the third largest U.S. nuclear power generation fleet.
The company has 39,000 MegaWatts of generating power and more than 15,000 employees in 27 states and Canada.
For 2008, the company reported revenues of $16.4 billion and net income of $1.63 billion.
FPL's earliest roots can be traced back to Thomas Edison and the General Electric Co. GE created EBASCO (Electric Bond and Share Co.), owner of American Power & Light Co. that held many utilities in the western hemisphere.
American Power & Light purchased the properties that were consolidated to form FPL on Dec. 28, 1925. The unlikely patchwork of enterprises included small electric generating plants, ice plants, water, gas, fish, telephone, sawmill and street car companies, a steam laundry, an ice factory, a limestone quarry, a sponge fishing boat and even 35 mules and wagons.
FPL Group makes a significant investment in employee benefits, generally accounting for approximately 30 percent of total compensation.
* Creative medical plan options that encourage good health and reward health improvement. Our programs include medical, dental, vision, flex spending, sick leave, and our award-winning FPL-Well program for health and well being.
Updated March 6, 2009