Florida Power & Light Company filed an 8-K press release on November 11, 2026, announcing it is doubling funding for its FPL Saving Steps program from $15 million to $30 million, adding a $200 bill credit for eligible customers.

Key Highlights

  • Funding doubled: FPL Saving Steps program funding increased from $15 million to $30 million, according to the filing.
  • Bill credit amount: Eligible customers receive a $200 bill credit as part of the program.
  • Eligibility threshold: The program is available to customers at or below their county's United Way ALICE threshold, which the filing describes as covering customers above the poverty line who struggle to meet a comfortable level of financial security.
  • Prior credits issued: FPL has already provided automatic Saving Steps credits to eligible seniors under the Emergency Home Energy Assistance for the Elderly Program (EHEAP) and to qualifying customers following Hurricane Isaias.
  • Residential bill comparison: According to the filing, FPL's typical 1,000-kwh residential bill is about 37% lower than an average utility.
  • Customer reach: FPL reported it serves more than 6 million customer accounts, or approximately 12 million people across Florida.

FPL Expands Saving Steps With Doubled Funding and $200 Credit for Eligible Households

Florida Power & Light Company (NYSE:NEE), a subsidiary of NextEra Energy, Inc., disclosed on November 11, 2026, that it is expanding its Saving Steps assistance program by doubling its funding from $15 million to $30 million. According to the filing, the program combines energy-saving education with a $200 bill credit offered to eligible customers. Dawn Nichols, vice president of customer service at FPL, was quoted in the release stating, "We understand that every dollar matters," and referencing the expansion's intent to help customers use less energy over time.

The filing states that eligibility is based on the United Way ALICE (Asset Limited, Income Constrained, Employed) threshold, which the company described as reaching customers "who live above the poverty line but struggle to meet a comfortable level of financial security." This includes seniors, teachers, and first responders who may not typically qualify for other assistance programs. FPL noted it had already delivered automatic credits to qualifying seniors through EHEAP and to customers affected by Hurricane Isaias, and that expanded funding will allow it to reach additional eligible households.

The filing also describes the broader FPL Assistance Center, an online resource where customers can explore bill-support options, energy-saving programs, and local community resources. Additional programs referenced in the filing include FPL On Call, which the company says can save enrolled customers over $90 a year; the free Energy Manager tool for personalized energy insights; and the FPL Community Energy Saver program, which offers free energy-efficient home upgrades to qualifying households. Customers are directed to FPL.com/Assistance for more information.

What Was Disclosed

FPL disclosed the doubling of its Saving Steps program budget from $15 million to $30 million, the program's $200 bill credit for eligible customers, the ALICE threshold eligibility criteria, and the broader suite of assistance tools available through the FPL Assistance Center.