2025 Top Utilities

Utility providers are key to company relocation and expansion decisions. These top utilities are poised to meet the power needs of business.

ENTERGY

goentergy.com/contact-us

Overview: Entergy is an integrated energy company that provides power to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas, including the largest and most power-intensive industries in the United States. Headquartered in New Orleans, the company is investing in the reliability and resilience of the energy system while helping the region transition to cleaner, more efficient energy solutions.

Infrastructure: Entergy operates one of the cleanest large-scale generation fleets in the United States with more than 23,500 megawatts of generating capacity, including approximately 5,000 megawatts of nuclear power. The company is committed to achieving net-zero emissions by 2050 with the potential for adding significant renewable energy capacity, along with nuclear, hydrogen and natural gas with carbon capture technology. 

Incentives: Entergy’s business development team partners with an extensive network of government agencies, businesses and communities to help companies find properties and available incentives best suited to meet their needs. From white-glove service and deep connections with key players to a state-of-the-art site locator tool, Entergy serves as a one-stop shop for businesses looking to relocate or expand their operations. Each state in the Entergy region offers strong financial incentive packages and advantageous corporate tax environments. Additionally, Entergy’s operating companies offer financial incentives, like the Economic Development Rider, to companies to help reduce their upfront costs.

Case Study: Entergy’s support of its large commercial and industrial base extends beyond incentives for new businesses to relocate to the area. The company also partners with customers to implement new technologies that drive toward shared sustainability goals. For example, Entergy Mississippi is providing power to support the largest capital investment in the state’s history—a $10 billion investment by Amazon Web Services, Inc., an Amazon.com, Inc. company, through multiple investments in clean and reliable energy facilities throughout the Entergy Mississippi service territory. Entergy Louisiana also announced plans to invest in modern, effective generation facilities and robust transmission infrastructure to support a $10 billion investment by Meta in Louisiana. These transformative projects are creating new jobs and economic opportunities, while supporting long-term power reliability and affordability for all Entergy Mississippi and Entergy Louisiana customers.


FLORIDA POWER & LIGHT

Cathy Chambers
Sr. Director, Economic Development
Cathy.Chambers@fpl.com
PoweringFlorida.com

Overview: As America’s largest electric utility, Florida Power & Light Company (FPL) serves more customers and sells more power than any other utility, providing clean, affordable, reliable electricity to more than 12 million people. FPL’s Office of Economic Development works with companies, consultants and brokers to help them find their ideal location in the state by providing site location assistance, workforce data, and energy incentives and programs.

Infrastructure: Following the retirement of its last coal-fired generation plant at the end of 2020, FPL no longer operates coal-fired generation in Florida. In fact, in 2023, FPL generated approximately 26% of its electricity from zero-carbon-emissions solar and nuclear. Over the next decade, FPL’s emissions-free power generation is expected to more than double to 56%.

Incentives: Power costs should never be a barrier for your business. Even with rates among the lowest in the Southeast and well below the national average, sometimes it takes more in today’s competitive economy. In addition to FPL’s competitive energy costs, the company also offers a variety of incentives and rebate programs. Businesses can save on new construction, retrofits or relocations by utilizing energy-efficient equipment or installing energy-efficiency upgrades. Additionally, PoweringFlorida offers its Economic Development Rider and Commercial Industrial Service Rider to provide qualified projects with incentives or discounts on new electric demand.

FPL is helping to build Florida’s workforce through its “WonderFL” talent attraction campaign. WonderFL provides resources for those looking to find a new career and home in the Sunshine State with information about top employers, housing, education, recreation and more. The statewide WonderFL.com site links to microsites for every region of the state, showcasing the unique features and opportunities available in those communities.

Case Study: Industry leaders like Central Moloney, Dassault Falcon Jet, and Ontic have all recently taken advantage of the state’s low tax environment, growing workforce and expansive infrastructure, and PoweringFlorida’s energy incentives and programs to find new facility and expansion locations in Florida.


GEORGIA POWER

Walt Farrell 
Vice President, Economic Development
wfarrel@southernco.com 
www.selectgeorgia.com/ 

Overview: Georgia Power is committed to supplying clean, safe, reliable, and affordable energy to 2.7 million customers across Georgia. Their business recruitment and regional economic development teams, highly skilled engineers, and nationally recognized research analysts support statewide partners and businesses at every stage of growth. 

Incentives: Rebates through the Commercial Energy Efficiency Program (formerly the Prescriptive and Custom Savings Programs) help customers make energy efficient upgrades to facilities. For small business, the Small Commercial Direct Install (SCDI) Program offers free energy assessments to qualifying customers and covers up to 70% of the cost of LED lighting upgrades which lead to energy savings.

Infrastructure: On April 29, 2024, Georgia Power Plant Vogtle Unit 4 entered commercial operation. The Vogtle 3 & 4 nuclear expansion project represents a long-term investment in the state’s clean energy future, and the new units will provide reliable, emission-free energy for at least 60 to 80 years. With all four units in operation, Plant Vogtle is the largest generator of clean energy in the nation, expected to produce more than 30 million megawatt hours of electricity each year. This supports the goal of Georgia Power’s parent company, Southern Company, to achieve net-zero carbon emissions by 2050. There is also an interim target to achieve 50% GHG (greenhouse gas) emissions reduction by 2030 relative to 2007 levels.

In October 2024, Mossy Branch Battery Facility declared commercial operation. It is Georgia Power’s first large-scale battery energy storage system, capable of storing 65 megawatts (MW) of energy. The facility plays a crucial role in supporting the reliability of the company’s energy grid.

Case Study: GF Casting Solutions AG (GF Casting Solutions) produces lightweight components for the mobility and energy industries and will invest more than $184 million in a new manufacturing facility in Augusta. This project will create 350 new jobs for Richmond County.

SOLARCYCLE, an advanced technology-based solar recycling company, will create more than 600 new full-time jobs in Polk County, investing $344 million in a solar glass manufacturing facility in Cedartown. The facility will be the first-of-its-kind in the country to use recycled materials from retired solar panels to make new solar glass.


HOOSIER ENERGY

Harold Gutzwiller
Sr. Manager, Economic Development
812-876-0294
HGutzwiller@HEPN.com
www.hoosierenergy.com/economicdevelopment

Overview: After more than 75 years as a generation and transmission cooperative, Hoosier Energy remains focused on its core mission—delivering reliable, affordable, and sustainable electricity to suburban and rural areas. With 18 member-owner electric cooperatives across central and southern Indiana as well as southeastern Illinois—drawing power from a 1,730-mile transmission network spanning 15,000 square miles to serve 760,000 member-consumers—Hoosier Energy continues to serve businesses, homes and farms.

While the core mission remains, the resources from which Hoosier Energy draws power have transitioned significantly since the cooperative’s formation in 1949. As a byproduct of that diversification, renewable energy production and distribution have also grown.

Infrastructure: In an era where load growth and capacity are a key focus for any utility, particularly in economic development, these additions allow Hoosier to offer the reliability and flexibility to meet the needs of its member-owners and member-consumers with a growth mindset.

That isn’t changing in 2025, as Hoosier Energy prepares for the restart of the Palisades Nuclear Power Plant in Covert, Michigan. Working in partnership with Holtec International and Wolverine Power Cooperative, Hoosier Energy is ready to make history with Palisades becoming the first nuclear plant to ever be recommissioned once it reopens late this year. Nuclear will provide a baseload resource with a power purchase agreement in place for the next 30 years while offering the carbon-free energy many states and businesses are in search of.

With less fanfare but no less importance is Hoosier Energy’s collaboration with Wabash Valley Power Alliance to acquire St. Joseph Energy Center, a 715-megawatt natural gas combined cycle facility in New Carlisle, Indiana.

This partnership helps to establish further baseload generation for Hoosier Energy, emphasizing the generation and transmission reliability behind an economic development team that boasts a combined seven decades of experience.

This makes Hoosier Energy well-suited to ensure projects meet the necessary infrastructure and delivery requirements while offering custom rates, economic development rates and green energy options. Each project benefits from the cooperative model in securing power delivery with reliability, speed, and flexibility.


NATIONAL GRID

Arthur W. Hamlin, Economic Development Manager
Arthur.Hamlin@nationalgrid.com
www.ShovelReady.com

Overview: National Grid is an electricity, natural gas, and clean energy delivery company, serving more than 20 million people with electricity and natural gas through its networks in New York and Massachusetts.

National Grid is transforming its electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of eliminating fossils in its systems by 2050. The company is committed to playing a leading role enabling and accelerating the transition to a clean energy future, while ensuring all customers and communities continue to have affordable and reliable options.

Infrastructure: National Grid’s Upstate Upgrade is building a Smarter, Stronger, Cleaner energy grid to deliver a robust, resilient, and secure energy network for customers and communities. Investing more than $4 billion in the Upstate Upgrade will help to achieve climate and energy goals and enable a cleaner and more equitable energy future.

Incentives: National Grid’s Manufacturing Productivity Program provides matching grants to eligible applicants committed to lean manufacturing projects that eliminate waste and increase productivity on the shop floor and/or in the office. The incentive is enhanced if the customer combines productivity improvements with growth-targeted activities.

Case Study: National Grid played an important role in the award of the New York Semiconductor Manufacturing and Research Technology Innovation Corridor (NY SMART I-Corridor Tech Hub), which seeks to shift the trajectory of Upstate New York via the formation of a globally leading semiconductor cluster. The Tech Hub will coordinate across the region’s significant semiconductor fabrication investments, adjacent supply chain assets, scientific capabilities coalitions, and partner coalitions. The initiative leverages recent investments to the region’s advanced manufacturing ecosystem, including an EDA Build Back Better Regional Challenge award from 2022. In July 2024, EDA recommended this Tech Hub receive grant funding of approximately $40 million.


SALT RIVER PROJECT

Karla Moran, Manager, Economic Development
602-236-2396
Karla.Moran@srpnet.com
PowerToGrowPHX.com

Overview: Salt River Project (SRP) delivers reliable, affordable and sustainable energy and water, and has supported the growth of the Phoenix metropolitan area for more than 120 years. The company serves more than 1.1 million power customers in 15 cities, and is also one of the largest raw water suppliers in Arizona. SRP is positioned to serve telecom services and operates one of the largest fiber optic communications networks in the state. Services include price plans, bill estimates, reliability reports, electrical infrastructure information, construction costs, timeline estimates and energy efficiency rebates.

Infrastructure: SRP is making significant strides in decarbonizing its power system while maintaining reliability and affordability. By the end of 2025, SRP aims to have over 3,000 megawatts (MW) of renewables online. With these strategic resource additions and decisions, we will achieve our sustainability goals and expect more than 75% of SRP’s energy will come from carbon-free resources by the end of 2035. SRP will continue to support development of solar and renewable resources for the foreseeable future. We plan to add 7,000 MW of new renewable resources, including 6,000 MW of large-scale solar, by 2035 as part of its Integrated System Plan.

Incentives: Our incentives are designed to streamline energization timelines for strategic economic development projects. This includes access to a fleet of mobile equipment for large projects, including mobile substations and modular unit stations, which bridge infrastructure needs while a client solution is being developed. Additionally, SRP maintains several transmission level transformers that can be allocated to Economic Development projects to expedite energization timelines when available.

Case Study: SRP, NextEra Energy Resources, the Arizona State Land Department, Babbitt Ranches and Google partnered and recently completed the Babbitt Ranch Energy Center, a 161-MW wind project located on Babbitt Ranches property north of Flagstaff, Arizona. Google is pursuing net-zero emissions across operations and value chain by 2030, supported by a goal to run its data centers and office campuses on 24/7 carbon-free energy. The clean energy produced by Babbitt Ranch Energy Center will be fully allocated to Google’s future data center in Mesa, Arizona.


SANTEE COOPER

Poweringsc.com

Overview: Since 1934, Santee Cooper has supported South Carolina’s business community by providing safe, reliable power. Santee Cooper serves over 2 million people directly or indirectly through wholesale contracts to 13 municipalities and electric cooperatives across the state and delivers electricity directly to 31 large industrial customers.

Incentives: Among incentives is the SC Invests-Revolving Loan Program, administered by Santee Cooper Economic Development. Loans are available to local governments and nonprofit economic development organizations in direct-serve and cooperative-served territories for land and building acquisition, infrastructure, spec building development and construction, and building demolition. These individual loans do not exceed 10 years or 60% of the project cost.

Case Study: When South Carolina needed a plant site to attract Volvo’s first U.S. automobile manufacturing plant, Santee Cooper stepped up. Working with SC Commerce, Berkeley County, and Edisto and Berkeley electric cooperatives among others, Santee Cooper purchased a nearly 7,000-acre tract of land, helped facilitate a wetlands mitigation plan, and offered a number of economic development incentives including grants and loans that helped seal the deal. The company located at Berkeley County in Camp Hall and has since expanded.


Read more news related to utilities, economic development, and site selection on Business Facilities

Alabama, Arizona, Arkansas, Economic Development, Energy & Water, Feature Story, Featured, Florida, Georgia, Illinois, Incentives, Taxes & Financing, Indiana, Industry Clusters & Hubs, Infrastructure & Logistics, Iowa, Louisiana, Magazine, Massachusetts, Michigan, Mississippi, Missouri, New York, North Carolina, Renewable Energy, South Carolina, Texas, Utilities, Virginia, Wisconsin

alabama, Alabama Power, Alliant Energy Corporation, Ameren, Ameren Illinois, Ameren Missouri, Arizona, Arizona Public Service, Arkansas, BF-Jan/Feb-2025, Consumers Energy, Dominion Energy, Entergy, florida, Florida Power & Light Company, georgia, Georgia Power, Hoosier Energy, illinois, indiana, Iowa, louisiana, massachusetts, michigan, Mississippi, National Grid, New York, north carolina, Phoenix, Salt River Project, Santee Cooper, south carolina, Texas, Top Utilities, utilities, Virginia, wisconsin

Sponsored Content
Featured Location

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.

Featured Video

Webinars, Podcasts & Videos

Camp Hall: A Model for Sustainable Industrial Development

Discover how Camp Hall blends economic growth with wetlands restoration, trails, and eco-friendly design in South Carolina’s top-ranked industrial park.

Doing Business in Minnesota, a Microbiologics Perspective

Minnesota is a place where the stars align — geography, culture and institutions – to create an unmatched economic landscape. See why Microbiologics CEO Kristen Knox says there’s no place in the world she’d rather do business than in Minnesota.

Talent Attraction – Engineering in Manufacturing

Learn about high-paying careers in engineering and related fields in the manufacturing facilities of the Mount Rogers region in Virginia.

Share to...