Florida Power & Light Company announced Tuesday the Florida Public Service Commission has approved the need for the proposed FPL Okeechobee Clean Energy Center.
The 1,633-MW high-efficiency, natural gas-fired power plant would help meet the needs of the state’s growing population.
FPL says it will invest about $1.3 billion in the plant’s development and customers would see no rate change until after the plant enters service upon completion.
“The FPL Okeechobee Clean Energy Center represents another major milestone in our successful program of phasing out older power-generating units and investing in new, high-efficiency clean energy centers that reduce emissions and save our customers money on fuel costs,” said Eric Silagy, president and CEO of FPL. “Not only is the FPL Okeechobee Clean Energy Center the most cost-effective option for meeting Florida’s future energy needs, it will also help us keep our customers’ bills low for the long term and further reduce emissions from our system, which is already among the cleanest and most affordable in the nation.”
Pending approval from state, county, regional and federal regulators, construction would begin in 2017 and the plant would be operational by June 2019.