“we expect to add more than 15 gigawatts by 2033.”

In context

“grid. The performance of our system demonstrates that FPL's hardening, undergrounding, automation and smart grid investments are providing significant benefits to our customers. Our investments in smart grid technology enabled us to avoid more than 2.7 million outages in 2024, and those investments paid off as our team responded exceptionally well in response to Hurricanes Debby, Helene and Milton. We are able to deliver this performance and keep our bills 40% below the national average because of our focus on capital and operating efficiency and innovation. FPL continued to make smart capital investments in low cost solar generation and battery storage, further reducing our overall fuel cost. During the year, we placed into service more than 2.2 gigawatts of new cost effective solar and we expect to add more than 15 gigawatts by 2033. When combined with generation modernizations, these additions have saved customers more than $16 billion since 2001. We also continue to focus on running the business more efficiently. In 2024, we improved upon our best-in-class non-fuel O&M cost per customer, which was already 70% better than the industry's national average, saving customers over $3 billion per year versus an average performing utility. Innovation has been one of the keys to our operating efficiency. FPL is the only utility in the nation to remotely operate its fossil fleet. Our Fleet Control Center is one of the world's largest monitoring and diagnostic centers and the first in the industry to remotely operate a more than 20 gigawatt natural gas combined cycle fleet from a single location, providing real time troublesho”