Advisory
Factor This
Florida’s electricity demand is projected to grow significantly by 2030, driven by industrial expansion, data centers, and electrification. The state’s reliance on natural gas - fueling a large portion of electricity generation - creates vulnerability to supply disruptions. Additionally, Florida leads the nation in hurricane landfalls, heightening the need for reliable power systems during storm season.
Utility-scale solar and grid modernization are expanding to address these challenges, with Florida ranking among the top states nationally in solar generation. However, the state’s high residential stakes demand further investment in reliability and resilience to meet customer expectations.
Why it matters: Rising demand and storm risks elevate the importance of reliability. Expanding surge protection systems and outage management capabilities will be critical to mitigating risks and maintaining customer trust.