News NextEra Energy’s coronavirus emergency aid topping $4M Rod Walton 4.23.2020 Share Florida-based utility holding company NextEra Energy announced coronavirus (COVID-19) emergency assistance has surpassed $4 million in just one month’s time. The owner of Florida Power & Light, Gulf Power and renewables-focused spinoff NextEra Energy Resources, the company first announced its contributions on March 17. Provided by the NextEra Energy Foundation and the Gulf Power Foundation, the emergency funds are being distributed on the front lines of the COVID-19 crisis to provide critical support to the most vulnerable members of our communities. “Preparing for the unexpected and quickly responding to a crisis is in our DNA and at the very core of our company,” said NextEra Energy Chairman and CEO Jim Robo. “In addition to working tirelessly to deliver the 24/7 electricity that’s powering the COVID-19 response, we remain steadfastly committed to doing everything we can to support the most vulnerable in our communities when they need us most.” “NextEra Energy has always been a tremendous partner and a company that cares deeply about the community it serves,” said United Way of Palm Beach County CEO Laurie George. “During this unprecedented time when so many of our neighbors are facing sudden, extraordinary challenges, it’s absolutely critical to have a company like NextEra Energy step up to the plate and lend a helping hand through such generous donations.” The NextEra Energy family of companies operates in 45 states and includes Florida Power & Light Company, FPL Home, Gulf Power Company and NextEra Energy Resources. Through numerous crises, including hurricanes, major floods, tornadoes and other severe weather events, NextEra Energy has a long-standing track record of helping communities bounce back after a crisis and return to normal. Florida Power & Light Company, the largest electric utility in Florida, and Gulf Power Company, which serves more than 470,000 customers in northwest Florida, have suspended electric service disconnections and continue to work with customers experiencing hardship in response to COVID-19. Additionally, both companies are seeking approval from the Florida Public Service Commission to pass new fuel savings to customers through a significant one-time bill decrease in May, rather than spread savings out over the remainder of the year as is standard practice in Florida. The companies believe this approach is the fastest way to get much-needed money back in customers’ pockets amid the economic uncertainty. Related Articles Babcock & Wilcox receives $246 million contract for coal-to-gas project Michigan regulators reject Consumers Energy proposal to exit biomass plant PPAs early Navigating the transition: Insights from Siemens Energy North America President Rich Voorberg Hydropower investment opportunities in U.S. remain untapped, per NREL report
