Who Owns Florida Power & Light?
Florida Power & Light is owned by NextEra Energy Inc., a publicly traded American energy company founded in 1925. NextEra Energy trades on NYSE under ticker NEE and is headquartered in Juno Beach, Florida, USA.
Parent Company
NextEra Energy Inc.
Founded
1925
Status
Publicly Traded
Headquarters
Juno Beach, Florida, USA
Who Owns Florida Power & Light?
- Parent Company: NextEra Energy Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NYSE: NEE
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Florida Power & Light | NextEra Energy Inc. | Wholly owned |
History of Florida Power & Light
- Founded: 1925
- Founders: Florida Power & Light Company (original)
Florida Power & Light was founded in 1925 as an electric utility company to provide electricity to customers in Florida. This founding vision demonstrated exceptional insight into the growing demand for electric utility solutions while establishing a distinctive approach that would define the electric utility category for generations. The company was established to serve the growing demand for electric power in the state. This strategic positioning demonstrated Florida Power & Light's exceptional ability to create differentiated utility solutions while maintaining consistent brand positioning and quality standards that would define the company for decades.
Throughout the 20th century, Florida Power & Light grew to become one of the largest electric utilities in the United States, expanding its service territory and customer base across Florida. This period of excellence demonstrated Florida Power & Light's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple utility segments. The company invested in power generation facilities, transmission infrastructure, and distribution networks. This strategic diversification demonstrated Florida Power & Light's exceptional ability to serve multiple customer segments while maintaining its core brand identity and market leadership in the electric utility industry.
In 2006, Florida Power & Light's parent company was renamed NextEra Energy Inc., reflecting the company's expansion into renewable energy. This continued evolution demonstrated Florida Power & Light's exceptional ability to maintain market relevance while adapting to changing utility requirements and environmental concerns. Florida Power & Light has continued to modernize its infrastructure and transition toward cleaner energy sources. This continued excellence demonstrates Florida Power & Light's exceptional ability to maintain market leadership while adapting to changing utility dynamics and regulatory requirements.
Florida Power & Light has grown to serve approximately 5.7 million customers across Florida, making it one of the largest electric utilities in the United States. This continued evolution demonstrated Florida Power & Light's exceptional ability to maintain market relevance while adapting to changing utility requirements and technological advancements. The company continues to invest in grid modernization and renewable energy integration. This continued excellence demonstrates Florida Power & Light's exceptional ability to maintain market leadership while adapting to changing utility dynamics and corporate requirements. The company's continued success represents a significant milestone in the evolution of electric utilities and consumer-focused energy solutions.
About NextEra Energy Inc.
NextEra Energy Inc. is an American energy company founded in 1925, headquartered in Juno Beach, Florida. Under CEO John Ketchum, NextEra trades on NYSE (NEE) with $60B+ revenue and 45,000 employees. The company operates Florida Power & Light (5.7M customers) and NextEra Energy Resources (28GW renewable pipeline), making it America's largest utility-owned solar fleet (7.9GW) and leading renewable energy generator with 40,000MW total capacity.
- Founded: 1925
- Headquarters: Juno Beach, Florida, USA
- Company Type: Publicly Traded
- Stock: NYSE: NEE
Where Is Florida Power & Light Made / Based?
- Headquarters: Juno Beach, Florida, USA
- Manufacturing / Operations: United States
Brands Owned by NextEra Energy Inc.
- Seabrook Station - NextEra Energy's nuclear power plant providing clean electricity generation in N...
Florida Power & Light Ownership: Pros & Cons
Advantages
- +Stable utility business with regulated rates
- +Large customer base across Florida
- +Established infrastructure and operations
- +Investment in grid modernization
- +Renewable energy integration
- +Essential service with consistent demand
Considerations
- -Regulatory oversight of utility operations
- -Dependency on fuel costs and energy markets
- -Weather and hurricane risks in Florida
- -Capital-intensive infrastructure maintenance
- -Environmental compliance requirements
- -Competition from alternative energy sources
Frequently Asked Questions About Florida Power & Light
Competitors to Florida Power & Light
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Dte Energy | USA | 1903 | Mass Market | North America | All Genders | |
| Engie | Belgium | 1905 | Mass Market | Global | All Genders | |
| Adani Group | India | 1996 | Mass Market | Global | All Genders | |
| Southern Company | USA | 1906 | Mass Market | North America | All Genders | |
| Exelon | USA | 1924 | Mass Market | North America | All Genders | |
| Exelon | USA | 1816 | Mass Market | North America | All Genders |
Learn More About Competitors

DTE Electric
Owned by DTE Energy Company
Michigan-based electric utility company serving millions of customers in Southeast Michigan and the thumb region, owned by DTE Energy Company.

Electrabel
Owned by ENGIE
Belgium-based electricity generation and supply company serving millions of customers, owned by ENGIE.

Adani Power
Owned by Adani Group
Indian power generation company providing thermal and renewable energy solutions, owned by Adani Group.

Alabama Power
Owned by Southern Company
Alabama-based electric utility company serving millions of customers across the state, owned by Southern Company.

Atlantic City Electric
Owned by Exelon Corporation
New Jersey-based electric utility company serving hundreds of thousands of customers, owned by Exelon Corporation.

Baltimore Gas and Electric
Owned by Exelon Corporation
Maryland-based electric and natural gas utility company serving millions of customers in central Maryland, owned by Exelon Corporation.
Competitive Analysis
Market Positioning: Florida Power & Light competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
NextEra Energy Inc. Stock Information
Jobs at NextEra Energy Inc.
Latest News About Florida Power & Light
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