Abstract
AbstractElectricity (MIC: 7.1 SIC: 4911 NAIC: 221121)FPL Group is a holding company whose operations are conducted primarily through its wholly‐owned subsidiary Florida Power & Light Company (FPL) and its wholly‐owned indirect subsidiary FPL Energy, LLC (FPL Energy). FPL, a rate‐regulated public utility, supplies electric service to approximately 4.4 million customer accounts throughout most of the east and lower west coasts of Florida, as of Dec 31 2006. FPL Energy invests in independent power projects through both controlled and consolidated entities and non‐controlling ownership interests in joint ventures essentially all of which are accounted for under the equity method.
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