Dive Summary:
- Florida Power & Light Company (FPL) successfully completed its Department of Energy-supported installation of 4.5 million smart meters in its 35-county service area.
- FPL was one of six utilities in the U.S. to gain a $200 million DOE grant to fund comprehensive grid modernization projects.
- With $600 million invested by FPL, the utility spent a total of $800 million on the installations completed nine months ahead of schedule.
From the article:
"'This is one of the most ambitious projects that has ever been undertaken in the country and definitely one of the most ambitious projects that FPL has undertaken,' said Silagy."