FPL marks completion of DOE-supported electric grid enhancements and 4.5 million smart meter installations in Florida

   FPL marks completion of DOE-supported electric grid enhancements and 4.5
                 million smart meter installations in Florida

PR Newswire

JUNO BEACH, Fla., April 24, 2013

JUNO BEACH, Fla., April 24, 2013 /PRNewswire/ -- Florida Power & Light Company
has successfully completed its Department of Energy-supported grid
modernization projects and the installation of 4.5 million smart meters in its
35-county service area. FPL President Eric Silagy announced the two milestones
during a celebratory event today at FPL's grid monitoring center in Palm Beach
County that was attended by Patricia Hoffman, Assistant Secretary of Energy
for the Office of Electricity Delivery and Energy Reliability, local
dignitaries and business officials.

(Logo: http://photos.prnewswire.com/prnh/20120301/FL62738LOGO )

"This is one of the most ambitious projects that has ever been undertaken in
the country and definitely one of the most ambitious projects that FPL has
undertaken," said Silagy. "Completing the installation of the 4.5 million
smart meters and the deployment of smart grid technology throughout our
service territory is making it possible for us to improve our service
reliability, prevent outages and detect problems, while giving customers more
control over the energy they use."

"In 2009, we began the deployment of state-of-the-art smart grid technologies
as part of our commitment to building a smarter, more reliable and more
efficient electrical infrastructure," explained Silagy. "While we celebrate
the installation of 4.5 million meters nine months ahead of schedule, at FPL
we never stop working to deliver reliable, affordable electricity for our
customers."

FPL was one of only six utilities in the U.S. to receive a $200 million grant
from the DOE to help fund one of the largest, most comprehensive grid
modernization projects. Now, four years later, with an additional $600 million
investment from FPL, the installation of these smart grid technologies place
FPL among the first utilities to complete its commitment.

"Situational awareness plays an important role in improving the reliability
and resiliency of the grid," said Patricia Hoffman, Assistant Secretary for
the Office of Electricity Delivery and Energy Reliability at the Department of
Energy. "DOE funding of this FPL project and others is helping utilities and
system operators across the nation get a faster, more accurate picture of the
status of the grid, allowing them to respond more quickly and efficiently when
disruptions occur." 

FPL's investments in a more efficient electric grid provide customers with
tangible benefits today while laying the foundation for a host of future
benefits and operational efficiencies such as:

  oReal-time information on the health and performance of the electric grid
  oAbility to identify outages and diagnose their causes, so FPL can get to
    work restoring power faster
  oVerification that power was restored
  oEarly warning of power issues to enable rerouting electricity around
    trouble spots, thusconfining outages to smaller areas
  oRemote communications with FPL through advanced technology
  oGreater information for FPL customers about their energy use so they can
    make smart decisions about conserving electricity

"This technology truly is transforming how we create, transport and deliver
electricity," said Silagy. "While we're marking important milestones today,
this is just the beginning. We're continuing to find new ways to use this
technology to enhance the everyday value we provide our customers for many
years to come."

For details on FPL's smart grid program visit:www.FPL.com/energysmart
MEDIA: b-roll and smart grid images are available at: www.FPL.com/newsroom

Florida Power & Light Company
Florida Power & Light Company is the largest rate-regulated electric utility
in Florida and serves the third-largest number of customers of any electric
utility in the United States. FPL serves approximately 4.6 million customer
accounts and is a leading Florida employer with approximately 10,000 employees
as of year-end 2012. During the five-year period ended December 31, 2012, the
company delivered the best service reliability among Florida investor-owned
utilities. As of year-end 2012, its typical residential customer bills are the
lowest in Florida, and based on data available in July 2012, are about 26
percent below the national average. A clean energy leader, FPL has one of the
lowest emissions profiles and one of the leading energy efficiency programs
among utilities nationwide. FPL is a subsidiary of Juno Beach, Fla.-based
NextEra Energy, Inc. (NYSE: NEE). For more information, visit www.FPL.com.

SOURCE Florida Power & Light Company

Website: http://www.FPL.com
Contact: Florida Power & Light Co. Media Line, 305-552-3888
 
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