Did you Know FPL Offers Incentives for Businesses?

Lee County Economic Development Office | Did you know that FPL has incentives for local businesses?FPL is committed to helping Florida remain an affordable place to live and a great state to operate a business. Keeping electricity bills low and delivering reliable service is a top priority for the company. To help cut rates for large power users, FPL has two special programs for economic development projects.

The Definitive Tariff Program (EDR) is designed to attract new, large power users to the state as part of a competitive location project. In order to negotiate a rate, potential or existing businesses must have a load of 2,000 kilowatt or greater, served by a single meter and provide documentation that it’s part of a competitive project with opportunities for lower rates outside FPL territory. EDR is available to new or expanding businesses that add a minimum of 350-kilowatt demand of new electric load and create at least 25 new jobs per 350-kilowatt demand of added load. Eligible companies receive declining discounts on their standard base energy and demand charges over four years; the discount increases to five years if the company moves into a vacant, existing building. FPL will assign dedicated account managers to its larger customers to provide the following services:

• Single point of contact at FPL for all operational issues
• Project management for all new construction and expansion projects
• Technical expertise on all service reliability or power quality issues
• Assistance with billing, rate analysis, or new account issues
• Advisement on cost savings opportunities, including energy rebates
• Energy audits
• Rate counseling to ensure customers receive the lowest possible rate

The Flexible Negotiated Rate (CISR) is for firm power only (load management or interruptible rates are not eligible). Once stipulations are satisfied, both FPL and the customer must agree to a negotiated power contract after entering into a non-disclosure agreement. An economic development rider is designed to help attract new investment to the Sunshine State and create more jobs for Floridians. To find out more about these incentives, visit www.FPL.com/business.

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