PSC Approves FPL’s Demand-Side Management Plan

FPL's DSM Plan includes a total of 15 energy efficiency programs:

• 7 residential programs, including two pilot programs
• 7 commercial/industrial programs
• 1 research and development program

FPL will continue 13 existing programs (3 of which include modifications) and add 2 new programs. The modifications focus on eliminating measures that are no longer cost-effective, and incorporating new measures deemed cost-effective based on the 2024 Technical Potential Study.

Highlights of FPL's DSM programs include:

• Incentives for landlords of low-income rental properties to install high-efficiency HVAC systems, reducing energy costs for tenants
• Various energy survey offerings to identify efficiency improvement opportunities
  Rebates for ceiling insulation to improve thermal efficiency
• Incentives for builders and developers to meet ENERGY STAR standards.

FPL's DSM Plan is expected to result in consistent annual energy savings, contributing to the state's long-term energy conservation goals. For residential customers, average monthly bill impacts are projected to range from $1.44 per 1,000 kWh in 2025, decreasing to $1.24 per 1,000 kWh in 2034.

FPL can seek cost recovery for its DSM programs through the Energy Conservation Cost Recovery clause, upon demonstrating that the associated expenses are reasonable and prudent.

Under Florida Statutes, the PSC is required to establish and review conservation goals that promote energy efficiency and the development of DSM programs at least once every five years.