Florida Power & Light Company · Juno Beach, FL United States
Company Description
View Florida Power & Light Company Locations On A US Map
This link will open in a new window
This link will open in a new window 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. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Florida Power & Light Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $11,649.0 |
| Employees | 10,499 |
Florida Power & Light Company Executives
26 executives listed for Florida Power & Light Company's Juno Beach, FL location.
| Title | Name & Bio | Contact |
| Chairman | Lewis Hay | Network |
| Vice Chairman; SVP Governmental Affairs - State | Edward Tancer | Network |
| President and CEO | Armando Olivera | Network |
Competition
Competitive Landscape for Florida Power & Light Company
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Florida Power & Light Company Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!