Florida Power & Light Prepares for Hurricane Season
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 01 2026
0mins
Source: Newsfilter
- Grid Reinforcement Measures: Florida Power & Light (FPL) ensures approximately 97% of its transmission structures are made of steel or concrete, enhancing reliability and reducing the risk of outages during hurricanes, thereby safeguarding customer service.
- Underground Cable Initiative: To date, FPL has converted about 2,000 miles of neighborhood power lines underground through its Storm Secure Underground Program, which improves system resilience and restoration efficiency during severe weather events.
- Smart Grid Technology: During the three hurricanes in 2024, smart grid devices helped avoid approximately 824,000 customer outages, demonstrating FPL's effectiveness in enhancing customer service and speeding up power restoration.
- Emergency Preparedness Advocacy: CEO Scott Bores emphasizes the importance of having emergency plans in place despite forecasts predicting a below-average hurricane season, ensuring customer safety and service continuity in the face of potential power outages.
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Analyst Views on NEE
Wall Street analysts forecast NEE stock price to rise
16 Analyst Rating
12 Buy
4 Hold
0 Sell
Strong Buy
Current: 85.730
Low
84.00
Averages
92.50
High
100.00
Current: 85.730
Low
84.00
Averages
92.50
High
100.00
About NEE
NextEra Energy, Inc. is an electric power and energy infrastructure company. It operates through its wholly owned subsidiaries, NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively, NEER) and Florida Power & Light Company (FPL). Its segments include NEER and FPL. FPL segment is a rate-regulated electric utility engaged in the generation, transmission, distribution and sale of electric energy in Florida. FPL has approximately 35,052 megawatts of net generating capacity, over 91,000 circuit miles of transmission and distribution lines and 921 substations. The NEER segment owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the United States and Canada and includes assets and investments in other businesses with a clean energy focus, such as battery storage, natural gas pipelines, and renewable fuels. It owns, develops, constructs and operates rate-regulated transmission facilities in North America.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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