FPL to Buy and Phase Out Coal-Powered Plant, Saving Customers $129M

Florida Power & Light Company (FPL) filed a petition (Docket No. 160154-EI) on June 20 with the Florida Public Service Commission (PSC) to request approval to purchase a coal-fired power plant with operations in Indiantown, Florida, with which FPL has an existing long-term contract. If approved, the proposal is projected to save FPL’s 4.8 million customers in the Sunshine State an estimated $129 million.

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