Florida Power & Light used that money in recent years to replace wooden poles with concrete ones, install flood monitors to protect low-lying substations, and deploy smart meters to help track power outages. NextEra Energy Inc.’s Florida Power & Light Co. used that money in recent years to replace wooden poles with concrete ones, install flood monitors to protect low-lying substations, and deploy smart meters to help track power outages. Investors may have gotten “a little nervous” about the latest storm track, which showed Irma making a solid hit in the middle of the utility’s territory, Konolige said. Florida Power & Light has about 13,500 repair workers standing ready. Duke Energy Corp. expects more than 1 million outages, with efforts to restore power taking as long as a week or more.

Source: Mint September 09, 2017 09:56 UTC