did not seek to deduct the repair expenses until after it had challenged the Service's deficiency determination in Tax Court.
estimates that the new units will save customers $850 million to $950 million over the life of the plants as compared to keeping the existing facilities in the fleet.
We congratulate FPL
for its global leadership in the development of solar technologies, and for making solar energy a key part of the nation's economic recovery and the protection of the environment for future generations," said Howard Wenger, president, utility and power plants for SunPower.
In 2010, FPL
plans to clear vegetation along approximately 13,000 miles of distribution power lines and to maintain a similar level of funding for distribution reliability programs as in 2009.
will recover the cost of these investments, totaling 110 megawatts, under a Florida statute enacted to encourage renewable energy projects.
Group's earnings expectations assume, among other things: normal weather and operating performance at its plants; no further significant decline in the national or the Florida economy; supportive commodity markets; continued public policy support for renewable power project development; selective transmission expansion to support renewable power projects; continued wind supply chain expansion; continued expansion of NextEra Energy Resources' non-wind activities; access to reasonable capital and credit markets; no acquisitions; and a constructive regulatory framework in Florida.
In addition to efficiency, FPL
has built a track record as a provider of reliable electrical service.
works proactively to improve the reliability of its electric service, investing in technology and year-round preventive maintenance to stop outages before they start.
Inability to obtain the supplies necessary for the construction, operation, and maintenance of the DeSoto Coast Next Generation Solar Energy Center or other FPL
Group or FPL
power generation facilities
And because there is a risk of natural gas prices rising again, we want our power plants to be as efficient as a fuel-sipping hybrid vehicle," said FPL
President and CEO Armando J.
It's that simple," said Marlene Santos, FPL
vice president of customer service.
As pleased as we are with FPL
Group's current results, we are even more optimistic about the future.