FPL Sees Uptick in Earnings

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FPL SEES UPTICK IN EARNINGS

By News Service Florida

Pointing to more customers and the state's economic growth, Florida Power & Light had an increase in second-quarter income compared to last year, according to an earnings report released Tuesday. FPL, the state's largest electric utility, reported net income of $423 million, or 96 cents a share, compared to $391 million, or 92 cents a share, during the second quarter of 2013. FPL said it averaged 91,000 more customer accounts this year than during the same period in 2013 and pointed to improvement in Florida's economy. Meanwhile, FPL's parent company, NextEra Energy, Inc., reported second-quarter adjusted earnings of $630 million, or $1.43 a share, compared with $620 million, or $1.46 a share, during the second quarter of 2013.