Florida Power & Light garners Top 10 ranking for economic growth


For a third time, Florida Power & Light Co. (FPL) has made Site Selection magazine’s list of "Top 10 Utilities in Economic Development," the utility announced today from its Juno Beach headquarters.

“There is a reason that companies such as Hertz, Northrop Grumman and Univision have all relocated or expanded in Florida within the past five years," FPL President/CEO Eric Silagy said, citing special electric rates and incentives. “Our partners, including local economic development agencies, Enterprise Florida, the legislature and Gov. (Rick) Scott, work hard to provide us the needed support to complement efforts that create hundreds of jobs across the Sunshine State."

Site Selection, providing expansion planning information to executives, bases its choices on criteria such as end-user analysis, website data, innovative strategies, internal job-creating infrastructure and investment trends. FPL demonstrated particular strength in its PoweringFlorida.com site selection tool, which provides access to critical local information, such as real estate availability to workforce statistics. 

"This year's top utilities are the class of their field when it comes to economic development teamwork," Adam Bruns, Site Selection’s managing editor, said. 

FPL is the country’s third-largest electric utility, serving 4.8 million customers.

"Florida's economy continues to rebound and its pro-business climate is second to none," Crystal Stiles, FPL's Office of Economic Development manager, said. "Site Selection's recognition of our economic development program validates all the hard work, resources and investments we've made over the past three years to keep improving.”

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