Investing in Efficiency and Helping Customers Save Every Day

Leonard Roberts Customer Service Senior Account Manager Florida Power & Light Company Nov. 21, 2013

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Agenda

• Providing value for our customers • A smarter grid • Using far less fuel to produce electricity • How we help customers use less electricity • Our solar operations and programs • Any questions?

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Keeping Costs Down for Customers

Our typical residential customer bill continues to be about 25 percent lower than the national average – and lower than it was just a few years ago

National Electric Utility 1,000-kWh Residential Rate

U.S. Average: ~$126

FPL: ~$95 In 2013,

FPL’s typical residential customer

SAVED $382

Typical 1,000 kWh residential bills as reported in the Edison Electric Institute (EEI) Typical Bills and Average Rates Report for Winter 2013 based on utility rates effective January 2013. Averages only include utilities that report their rates to EEI and may not be all-inclusive. Florida IOU Average – EEI data for Florida includes the following investor-owned utilities: Florida Power & Light Company, Gulf Power Company, Duke Energy Florida and Tampa Electric Company. Typical FPL customer savings is based on a 12-month average. More than half of FPL’s residential customers use less than 1,000 kWh per month on average.

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By investing in advanced technologies, FPL is enhancing reliability, saving money for customers and paving the way for expanded use of renewable energy Enhancing Service, Providing Customers More Control

Smart grid technologies also help FPL more safely, reliably and efficiently integrate “variable” renewable power, such

as solar energy, into the grid

• 4.5 million advanced smart meters

• More than 10,000 intelligent devices on our grid

• Fewer, shorter outages through new technology

• Customers get unprecedented insight into and control over their energy use

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Customers get access to a personalized energy dashboard that shows energy usage by the hour to help make smart energy choices

Port Everglades demolition, July 16, 2013

Since 2001, by investing in natural gas power plants to generate the electricity our customers need for their homes and businesses, we’ve reduced our oil dependency by 98%

Our Next Generation Clean Energy Centers

Cape Canaveral entered operation in 2013; Riviera Beach is projected to enter operation in June 2014; and Port Everglades is projected to enter

operation in June 2016

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• Top-of-the-line natural gas technology

• 33% LESS fuel to generate the same amount of power

• 90% fewer air emissions

We’re investing billions of dollars to convert our older power plants into Next Generation Clean Energy Centers

Before After

• 1960s’ technology • Lots of oil to generate

the same amount of power

vs.

FPL Overview

• Performed 3.3 million energy surveys to help customers find ways to save – Nearly 500,000 AC duct tests

conducted and leaks repaired

• Delivered $2.5 billion in rebates for customers – Including 1.57 million rebates

for high-efficiency A/C so critical to Floridians’ lives

• Programs have prevented need to build 14 medium-sized power plants – Avoided 2.1 million tons of

CO2 in 2012 alone

FPL works with thousands of customers every day to save energy

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Home & Business Energy Evaluations

• Fast and free way to learn how you can manage your electricity use and save money

• Comprehensive review of energy usage conducted by one of our energy experts on-site

FPL’s free energy evaluation is a quick way to find ways to save energy

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We have eight residential programs with many different measures to help pay for repairs and upgrades

Residential Program Portfolio

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We have nine business DSM programs with more than 20 different measures in the current portfolio

Business DSM Program Portfolio

FPL operates three large-scale solar power plants and many small installations, and we are continuously evaluating cost-effective opportunities for the future

Solar Power Plants

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• Rebates for customers who invest in rooftop solar for their home or business

• Solar panels and curriculum tools for 100+ schools and other educational facilities

• Innovative renewable energy research projects

• Solar water-heating for low-income homes (partnership with Habitat for Humanity and other orgs)

FPL currently offers several solar programs as part of a pilot project approved by the Florida Public Service Commission

Solar Power Customer Programs

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Solar for Schools

We’re installing solar panels with real-time energy monitoring on about 100 schools across our service area

Nine Broward County public schools have or will receive solar panel systems through this program

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Solar Demonstration Sites

We’re also installing solar panels with real-time energy monitoring and educational exhibits in science museums and other educational facilities

The Museum of Discovery and Science in Fort Lauderdale received a 25 kilowatt PV system and educational exhibit – about 200,000 people a year

will walk into the museum under the solar panels

Thank you!