Florida Power & Light has filed a petition with the Florida Public Service Commission seeking permission to close a 1,300-megawatt coal-burning power plant near Jacksonville at the end of 2017. The St. Johns River Power Park, which is co-owned by Jacksonville’s municipal utility JEA, is currently one of the highest-cost generating facilities for both utilities and no longer economical to operate. The retirement of the plant is expected to save FPL customers $183 million annually. FPL closed its Cedar Bay coal plant in Jacksonville at the end of 2016, and has announced plans to retire its Indiantown co-generation plant in Martin County by the end of 2019. Meanwhile, it is also developing eight new solar plants, totaling 600MW, which are expected to be operational within a year, and another 1,500 MW in solar power projects that are expected to commence operations between 2019 and 2023.
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