Investor Presentation
FPL focuses on productivity and pursuing smart capital
investments to deliver its best-in-class customer value
proposition
Florida Power & Light Company
Bills
Well Below
National
Average(2)
Most
Reliable
Utility in the
U.S.
$100
Operational Cost Effectiveness (1)
Adjusted Regressed
Top Quartile
Top Decile
Largest Solar
Portfolio (3) in
the U.S.
Best-in-Class
O&M and
Customer
$/MWh
Non-Fuel
O&M
Good
7
Service
$10
1,000,000
10,000,000
100,000,000
Retail MWh
Florida Power & Light is widely recognized as one of the
best utility franchises in the U.S.
1) Source: FERC Form 1 non-fuel O&M; industry 2020, FPL excludes one-time storm impacts; FPL's 2021
$/MWh non-fuel O&M including Gulf Power was $12.77; excludes pensions and other employee benefits;
includes holding companies with >100,000 customers and utility-owned generation
FPL excluding Gulf Power; Gulf Power below latest EEI national average bill data through July 2021
3) Of any utility; based on owned and operated solar capacity as of March 31, 2022
FPL 2021 =
$12.11/MWh
1,000,000,000
NEXTera®
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