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Florida Power & Light’s investments in solar deliver more than $1.3 billion in customer savings

What happened
Based on NextEra Energy Newsroom · Aug 18, 2026

Florida Power & Light has expanded its solar portfolio to 120 centers, saving customers over $1.3 billion by reducing fuel costs, with plans to add 12 more by 2026.

Florida Power & Light’s investments in solar deliver more than $1.3 billion in customer savings
NextEra Energy Newsroom — NextEra Energy
Key points
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Why it matters: FPL's investments in solar energy have helped save customers more than $1.3 billion to date by avoiding fuel costs.
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With the addition of twelve new solar energy centers in 2026, including the recently completed FPL Sea Grape Solar Energy Center in St.
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Lucie County, FPL's solar portfolio now totals approximately 8,826 megawatts of generation capacity.
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That's enough energy to power more than 1.5 million homes.
Key numbers
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The expansion has helped customers avoid more than $1.
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3 billion in fuel costs to date.
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5 million homes.

Florida Power & Light Company (FPL) announced the activation of 120 solar energy centers statewide, marking the largest utility-scale solar portfolio in the U.S. The expansion has helped customers avoid more than $1.3 billion in fuel costs to date. Twelve additional centers are scheduled for completion by 2026, including the FPL Sea Grape Solar Energy Center in St. Lucie County, bringing the total capacity to approximately 8,826 megawatts—enough to power over 1.5 million homes.

Tim Oliver, FPL’s vice president of Development, attributed the milestone to strategic investments in a diverse energy mix, including solar, natural gas, nuclear, and battery storage. This approach allows FPL to maintain reliable service while minimizing customer bills. Benjamin Balcer, director of Planning and Development Services for St. Lucie County, highlighted the broader economic benefits, noting that solar projects attract investment and support local economies while strengthening Florida’s energy infrastructure.

FPL emphasized its commitment to environmental stewardship through solar energy centers designed to support native wildlife and pollinators. The company is also implementing agrivoltaics projects, which combine solar energy production with agricultural activities such as cattle grazing. These initiatives aim to maximize efficient land use while reducing maintenance needs, with collaboration from local ranchers like Morgan Lott, who described the partnership as mutually beneficial.

FPL, a subsidiary of NextEra Energy, serves over 6 million customer accounts across Florida, leveraging a diverse energy portfolio to maintain one of the most fuel- and cost-efficient power generation fleets in the U.S. The company has earned the ReliabilityOne® National Reliability Award for seven of the last ten years, reflecting its operational reliability and customer-focused investments in renewable and traditional energy resources.

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