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FPL proposes plan to refund customers nearly $400 million in federal corporate tax savings

PR Newswire - Fri Sep 23, 2022

JUNO BEACH, Fla., Sept. 23, 2022 /PRNewswire/ -- Florida Power & Light Company today announced a plan to refund its approximately 5.8 million customers nearly $400 million in savings resulting from the new federal tax law. The savings are the result of a federal production tax credit (PTC) for the development of solar energy centers, which FPL continues to build across Florida as part of the nation's largest solar expansion that today includes 50 operational sites.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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