fbpx
Home Environment New FPL Port Everglades Clean Energy Center gifting property tax to Hollywood

New FPL Port Everglades Clean Energy Center gifting property tax to Hollywood

The City of Hollywood is about to receive a large windfall in property taxes from the new FPL power plant now known as the FPL Port Everglades Next Generation Clean Energy Center. It has been in operation for more than a year and is powered by American-produced natural gas.

During its operational lifetime, the new, fuel-efficient plant is expected to provide FPL customers with hundreds of millions of dollars in fuel and other savings. FPL invested about $1.2 billion to build the new energy center on the same site in Broward where a 1960s-era oil-burning plant was demolished.

In addition to saving on fuel costs, the energy center’s technology further improves FPL’s emissions profile, among the cleanest in the United States. This means FPL will likely meet the U.S. EPA Clean Power Plan targets by 2030 now. Compared to the former plant, the new energy center reduces air emissions by more than 90 percent and cuts the carbon dioxide emissions rate in half, which is the equivalent of removing 46,000 cars from the highway each year. The energy center is capable of producing 1,277 megawatts of electricity or enough power for more than 250,000 residential customers.

“In addition to providing local residents with affordable clean energy, it contributes to more reliable electric service in the Hollywood area,” FPL’s Dave McDermitt said.

David Volz
David Volz
David Volz has been a reporter for Hollywood Gazette since 2011 and has worked for numerous community news publications throughout South Florida over the past two decades including the South Florida Sun-Sentinel, Miami Herald and South Florida Business Journal. He is a Professor in the Business department at Broward College and the editor of the Coral Springs Connection, an online community news website. He covers city government, schools, sports events, cultural activities, faith groups and workplaces.

Must Read

142 Additional Public Parking Spots Now Available in Downtown Hollywood Area

FIRM Realty recently announced that City Parking, one of the fastest-growing privately held parking management firms in the United States, has leased...
video

Hollywood Business Owners Share Their Culture Through Custom Clothing, Jewelry and Home Decor

Karina Sanchez and Anne Quingora are moms from Mexico who launched Kante Décor, a Hollywood based business that shares custom, one of...

8,700 Square-Foot Health Care Facility Opening on Hollywood Boulevard January 2020

Sanitas Medical Center has announced plans to open a new 8,700 square foot health care facility at 6100 Hollywood Boulevard in the...

Anthony Collins Named South Broward High School’s New Football Coach

The South Broward High School football team welcomes a new coach. Anthony Collins is hoping to lead the Bulldogs to success.

$25,000 in Renovation Grants Available to Hollywood Businesses

Hollywood businesses interested in outside property renovations may be eligible to receive up to $25,000 in funding. The...