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FPL Group to switch to hybrid, electric vehicles

Associated Press

FPL Group and Duke Energy said Thursday they plan to begin switching their company cars and trucks to plug-in hybrid vehicles or all-electric vehicles starting Jan. 1 to help cut greenhouse gas emissions.

The commitment by Juno Beach-based FPL Group, the parent company of Florida Power & Light, and Charlotte, N.C.-based Duke Energy represents more than 10,000 vehicles and potential revenue of $600 million or more for manufacturers.

The goal is that by 2020, 100 percent of all new fleet vehicles will be plug-in electric vehicles or plug-in hybrid vehicles.

The companies say plug-in cars will reduce carbon emissions by up to 70 percent -- 100 percent if a vehicle is charged by zero-carbon renewable energy sources -- and lower fuel costs by 80 percent.

They say it also will help jump start the market for these vehicles.

The companies made the announcement during the annual meeting of Clinton Global Initiative. Started by former President Bill Clinton, the initiative brings together the public and private sector to discuss solutions to problems in four areas: climate change, poverty, global health and education.

Florida Power & Light has 4.5 million customers in Florida and Duke has four million electric customers in five states.

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