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Florida House Economic Infrastructure Subcommittee Presentations on Fueling Florida's Energy Needs, November 18, 2025

Summary

This meeting packet holds presentations on Fueling Florida's Energy Needs given to the Florida House Economic Infrastructure Subcommittee on November 18, 2025. Energy Transfer describes Florida Gas Transmission (FGT) as having ~5,380 miles of pipe and a mainline capacity of 4.1 Bcf/day, delivering ~60% of the natural gas consumed in the state, and says FGT pays between $30 and $40 million every year in state property taxes. Will Haffecke, Assistant Vice President Florida Operations, presents for subsidiaries of Chesapeake Utilities Corporation. TECO Peoples Gas lists 890 team members and 500,000+ customers. FPL states its fuel-saving technologies saved customers $867 million in 2024.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Cite this document

“Florida House Economic Infrastructure Subcommittee Presentations on Fueling Florida's Energy Needs, November 18, 2025.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-11-18-3286-economic-infrastructure-subcommittee-meeting-packets-f-c4f05bf395/, SHA-256 c50cafeda97c30d6b96cc8def36289a92233f70f895afcff02d0dc41ce6da1f7.

Full text

NATURAL GAS

0 Powers Florida's Economy
0 Essential to Reducing Our
   Carbon Footprint

0 Critical to Domestic Security
0 Reliable During Natural
   Disasters
                             NATURAL GAS
                        Serving Florida Consumers

Investor Owned                                Interstate Pipelines
  Gas Utilities               Municipal Gas
                                Utilities      Florida Gas Transmission
TECO/Peoples Gas
                                               Gulfstream Natural Gas
Chesapeake Utilities/
Florida Public Utilities,                      Southern Natural
Florida City Gas
                               Special Gas     Gulf South Pipeline
Sebring Gas                     Districts
St. Joe Gas                                    Sabal Trail
       COMMERICIAL


Lodging     Food Service   Health Care




            Laundries &
Groceries   Dry Cleaners    Schools
                      RESIDENTIAL

 Water               Cooking        Space             Clothes
Heating                            Heating            Drying




          Pool/spa         Outdoor
          Heating        Entertainment   Generators
         INDUSTRIAL

Citrus      Pulp/Paper    Phosphate




            Concrete &
Gypsum       Asphalt     Manufacturing
Fuels in Florida
                          Saddle Creek first ordered CNG-fueled Freightliner trucks in autumn 2011.




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                                                                   or Propane/Air Plant




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        ~         II          LDC City Gate
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                             Distribution Mains (Lines)
                                                                                          Residential
                                                                                          Customers




                                                           Commercial
                                                           Customer
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        Florida Gas Trans m1ss1on
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                   Southern Natural
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           Gulf South Pipeline

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                 Sands

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                TX


  Eagle Ford
                                                                    BOARDWALK
    Shale
                                                                   10001
                           Gulf South Pipeline Company, LP   -
                                                                    PIPELINE PARTNERS
                                                                 Gulf South Pipeline &Storage
     Sabal Trail Transmission
 .
cn Midcontinent
; /press                    --------~...........                    ~
                                                         Sabal Trail
                  ALABAMA
                                                   .........
                                                         TRANSM     SSION


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            5


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                     Transmission




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     100 miles
Supply Availability & Storage Connections
                                                          Napoleonville                Southern Pines
                                                                                                                  Bay Gas

                                                                               11
                                                                          10
                                                                     9                      12
                                                      8
                                         7   75                                                         13
                                                                                                             14
                                     6
                                                                                                                    15
                                                                                                                                      16

                                                                                                                            24
             4
                                                                                                                                                     17

   3               Golden Triangle
                                                                                                                                 26
                                                                                    Petrologistics
                                                            Bobcat                                                                                         18
                                                                                                                                                          31
                                                                                                                                                30

                                                                                                                                           27                   19

   Tres Palacios
                                                  Pine Prairie
                                                                                                                                                                     20




                                                                                                                                                                               21




                                                                                                                                                                          22
Growing U.S. Supply Source
              U.S. Crude Oil and Dry Natural Gas Production
                       (AEO2020 Reference Case)
Crude Oil Production            Dry Natural Gas Production
Million Barrels per Day         Trillion Cubic Feet
                 019                               2019
                                50
          hi o         o·ec o               is o

                                 0
1

                                 0                                d
10

                                                              o er 8
 5                                                            e
Biogas made from organic
sources th rough anaerobic
processes contains 45 - 65%
methane.

Biogas is treated to remove
moisture, particulates,
contaminents and other gases
(CO 2, 0 2, N2, and VOCs); this
increases the methane content
to 90% or greater - typically
96-98% for pipeline injection .

The resulting product is
renewable natural gas.
                                  ANAEROBIC DIGESTERS

                                                        *U.S. EPA
2 – Energy Transfer FGT
Florida Gas Transmission



Economic Infrastructure Subcommittee
Meeting
November 18, 2025
Energy Transfer
Natural Gas Pipelines - Interstate
                                                                                                                                               Gulf
                             PEPL          TGC           TW     FGT     SR     FEP   Tiger   MEP 1   Rover   Stingray   EGT     MRT     SESH   Run 2   Total
 Miles of Pipeline           6,300        2,190         2,590   5,380   765    185   200      510     720      335      5,700   1,675   290     335    27,175
 Capacity (Bcf/d)
 Storage (Bcf)
 Ownership
                          --
                          /
                               2.8
                              57.0
                             100%
                                            0.9
                                           13.0
                                          100%
                                                         2.1
                                                          --
                                                        100%
                                                                 4.1
                                                                 --
                                                                50%
                                                                        2.0
                                                                         --
                                                                        100%
                                                                               ----------
                                                                               2.0
                                                                                --
                                                                               50%
                                                                                      2.4
                                                                                      --
                                                                                     100%
                                                                                              1.8
                                                                                              --
                                                                                             50%
                                                                                                      3.4
                                                                                                      --
                                                                                                     32.6%
                                                                                                               0.4
                                                                                                                --
                                                                                                              100%
                                                                                                                         4.8
                                                                                                                        29.3
                                                                                                                        100%
                                                                                                                                 1.7
                                                                                                                                48.9
                                                                                                                                100%
                                                                                                                                        1.1
                                                                                                                                         --
                                                                                                                                        50%
                                                                                                                                                3.0
                                                                                                                                                --
                                                                                                                                               100%
                                                                                                                                                        32.5
                                                                                                                                                       148.2




   Interstate Asset
   Overview
             Transwestern
             Panhandle Eastern
             EGT                                                                                                                               Operates 13 interstate
             FGT
             MRT
                                                                                                                                               pipelines in 20 states
             SESH                                                                                                                              • ~27,000 miles
             Gulf Run
             Tiger
                                                                                                                                               • 32+ Bcf/d of capacity
             Trunkline Gas                                                                                                                     • ~148 Bcf of owned or
             Fayetteville Express
             Rover
                                                                                                                                                  contracted storage
             Sea Robin/Stingray                                                                                                                                 Represents pipelines operated by ET
             Midcontinent Express

      •      Storage




 1/ Operated by JV partner.
 2/ Excludes ~0.4 Bcf/d of capacity leased by EGT’ on Zone 1                                                                                                                                    2
Supply Options
Energy Transfer’s Pipeline Network Allows Enhanced Supply Access
                                                                                                                                                                                             V

                      Energy Transfer’s natural gas                                                                                                     Minnesota               Wlsconsirt


                   pipelines are well connected to key
                            production areas                                                                                                                                                 Marcellus/Utica     Pennsylvania




                                               Transwestarn                                               Anadarko




                               Energy Transfer Assets
                                                       Permian                                             Barnett Haynesville
                                                   lnle-r:itate Pipeline
                                                   - - ETC 7 ge-~ r, ~line-
                                                   -    -    Faye:tev e E~p·ess Pipe line
           (~ J U\JG Expar. Tamiinc=.I
          lntrag;tate- Plpellne                    - - flQ-j ja Gas Tr3nsrr i~:.icn

          - - (~(lm:mr.hF! l rnll I-' p ~lllll'!   - - Gull ::-3-1;).eS T f tll)$1'1' i$$iOfl



                                                                                                        Eagle Ford
          - - EOIT                                 - - t.11(:(:1.)(ltln-enl r:0.1)1-e.::: s Pil)ehn,e

          ·- ---- ET Fuels                         - - Panhai"dle ER~ern Pipel rn.,
          - - ETC Kat,·                            - - Rc..~er Pipeline
          ·- • • -- Hot•Slon Pil)e I ir1e          - - Saa Robin Pipe ine
          - - (J,1 .:::1s                          - - S li ' 'Jgf.l'( PipelirlCC Or-nt);) f' }'

          - - Ohb Ri\ler Sj•s1em (ORS) - - n .-,nsweS~ff'I Pif1eli r1,e

          ·----- Pyote                             - - Trunklin.,. G."l~
          - - - - RIGS                             - - Gulf Run Pip:-line (Pro,:.::>Y-"dj

          ...... Retl Blu"I E•1.PnlSS              - - Enable G~ Tro.>1:mi:ssi:.n

          ·----- T-;;i,i$ Pei;os P iflel in~       - - Mi:;~i~'-::iir;pi Ri•Jt.:I T1;.m:;n 1i:..~1011
                                                             -S(lullie.isl Su ;ll)l'f t-teei c er                Map includes ET’s wholly-owned and joint venture natural gas pipelines (intra and interstate)
                                                                                                                                                                                                                                3
FGT
Economic Benefits to the State of Florida
• Pays between $30 and $40 million every year in
  state property taxes

• Has 260 employees based locally

• Donates ~$30,000 each year to local communities:
    • Schools
    •   Churches
    •   Youth sports
    •   Summer camps
    •   Food, clothing and toy drives


                                        Recipients include:
                                        • Brooker Community School
                                        • Edgewood Children’s Ranch
                                        • Loaves & Fishes, Inc
                                        • Union County Education Foundation
                                        • Boggy Creek Camp


                                                                              4
  Florida Gas Transmission (FGT)
  System Overview

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                             L   U!SlANA
sti11°




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                  •   ~5,380 miles of pipe and a mainline system capacity of 4.1
                      Bcf/day                                                                      ....
                  •   >265 points of delivery in Florida, including >60 power plants
                  •   >50 interconnects with interstate and intrastate pipelines
Srowm;.vi//p
                  •   Direct connections with ten major storage facilities
                                                                                                  -.


 FGT is the leading provider of natural gas to the Florida market, delivering ~60% of the natural gas
                                        consumed in the state
                                                                                                              5
FGT Storage Access




                                                                                                         • pa1m Coa1ot               p




                                                                                  Southern Pines
                                                                                    1.5 Bcf/d

                     DCP Spindletop                                          Petal Storage (via Destin
                      82,000 Mcf/d                                           and Gulf South Merrell)
                                                                                  750,000 Mcf/d
     8rowns11i/l,.
                                      Golden Triangle                                              ...
                                      250,000 Mcf/d
                                                        f   M   Petro logistics
                                                                                                    ll
                                                                                                                                -.
                                                                                                                               ::
                                                                100,000 Mcf/d                                                'b
                                                                                                                                ..
                                                                                                                              ~



                                                                                                                         .......0

                                        Total storage interconnect capacity of >5.5 Bcf/d


                                                                                                                                         6
                                                                                            FGT Market Area Growth History
                                    MMBtu/ day

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                                                                 "0      ...0
                      0       0       0        0       0                  0
                      0       0       0        0       0          0       0
                 0    0       0       0        0       0          0       0


         2008
         200'9
         2010                                                                    .,,
                                                                                  C)
         2011                                                                     -I
         2012                                                                     n
                                                                                  DJ
         2013                                                                    -cs
                                                                                  DJ
         2014                                                                     n
         2015
                                                                                  ....
                                                                                  _


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    .. 2017                                                                       3
                                                                                  tD
         2018                                                                     r--
                                                                                  _ ,

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                                                                                      .
         201'9                                                                    tD
         2020
         2021
         2022
         2023
         2024
         2025




7
Recent Market Area Projects




                              8
Federal Energy Regulatory Commission (FERC)

  FERC's Natural Gas Act Authority
    • NGA grants FERC authority to regulate "transportation of natural gas in interstate
      commerce''
       - Includes interstate natural gas pipelines, storage facilities, LNG facilities
       - Ensures that the rates, terms and conditions of service by interstate natural gas pipelines,
         including storage and LNG facilities, are just and reasonable and not unduly discriminatory
    • FERC certificates construction and operation of interstate natural gas pipelines,
      including storage and LNG facilities, upon a public convenience and necessity
      finding; FERC also must approve abandonment of facilities
    • NGPA - Grants FERC the authority to regulate intrastate gas pipelines that operate
      in interstate commerce
    • FERC regulates rates and practices of oil pipeline companies engaged in interstate
      transportation
       - Establishes equal service conditions to provide shippers with equal access to oil pipeline
         transportation
       - Establishes reasonable rates for transporting petroleum and petroleum products by pipeline
       - But it is more light-handed regulation, compared to the regulation of the electric, hydroelectric,
         and natural gas pipeline industries
                                                                                                              9
Filing Requirements

Prior Notice Request vs. Section 7{c) Projects and Timing of Projects before FERC
• Automatic Authorization under Blanket Certificate Regulations
  - FERC's Blanket Certificate program enables specified routine activities, including minor construction projects, without significant
    FERC involvement provided the covered activities are consistent with all applicable environmental regulations
  - Minor/Simple Projects requiring Company Based Environmental Review with Agencies, and are anticipated to cost less than $14.5
    Million
  - Process time dictated by Scope of Work and Environmental Review
• Prior Notice Request under Blanket Certificate Regulations
  - Minor/Simple Projects requiring basic Environmental Review, which are anticipated to cost less than $41.10 Million [Currently in
    review before FERG]
  - Temporary Limit increased to $61.65 Million, if in service by May 1, 2027
  - Approximately 75-day process from filing date - Usually Auto-Authorized @ 75-days
• Section 7(c) of the Natural Gas Act ("NGA"), 15 U.S.C. 717(c)
  - Projects requiring a more comprehensive Environmental Review, generally based on Project Scope and which are anticipated to
    cost more than $41.10 Million - Requires FERC issue a "Certificate" and "Notice to Proceed" before commencement of Project
    Activities
  - ROUTINE: Approximately 20 Month process from filing date without Applicant Prepared Draft Environmental Assessment (APDEA)
  - PRE-FILING: Approximately 14-17 Month process from filing date with an APDEA
  - ROUTINE: Approximately 20 Month process from filing date without pre-filing requiring an Environmental Impact Statement (EIS)
  - ROUTINE: Approximately 18-19 Month process from filing date with pre-filing requiring an Environmental Impact Statement (EIS)


                                                                                                                                          10
3 - Chesapeake
                       11-18-2025




Florida House Economic
Infrastructure Subcommittee
Presentations on Fueling Florida's Energy
Needs
Will Haffecke, Assistant Vice President
Florida Operations




         Subsidiaries of Chesapeake Utilities Corporation
    Serving Florida
                                                        Holmes
                                                        Jackson                                         - - Nassau

    Escambia    _I                                                 Gadsden
                                                                                                                                                               F_LORIDA~
                     t r ~NSACOLA
                                                                                                       - - Clay                                                · c1TVGAS
                    ·washington -          -   -                                                       - - St.Johns                                  Local
                            Bay
                                                         Suwannee                                                                             Distribution
                        Calhoun
                                                         Union
                                                                                                        - - Flagler                                            FLORID~ PUBLIC~
                                                                                                                                                                            UTILITIES
                           Liberty                       Gilchrist                                     - - Volusia
                                                         Alachu                                        - - Lake

                                                                                                                                                               pEIIIIIIISULA ~
                                                         Levy - - -                                     - - Seminole
                                                         Marion                                                                                 lntrastait e
                                                         Citrus - - -                                  -    -           Orange                                  PIPELINE

                                                         Sumter
                                                                              ---....iiiiiiii\1:,'r'
                                                                                                                                            Tra nsmission
                                                                             ===~AJl:~ ::-- Osceola
                                                         Hernando                                      ~'----           Brevard
                                                         Pasco - ~
                                                                                               ,=~ -                    Indian River      Virt ual Pipelline
                                                         Hillsborough                                                   Okeechobee                             M~RLIIII~
     -              Natural Gas, Propane and Electric                                                                                              Services      GAS SliRVIC S


     -              Electric/Propane                     Polk - - -
                                                                                                                        WEST PALM BEACH
     -              Natural Gas and Propane
                                                                                                                                                    IRN G
     -              Natural Gas
                                                                                                                                            Develop1
                                                                                                                                                   ment
     -

         *
         f!II
                    Propane

                    Office Locations

                    Eight Flags CHP Facility
                                                         Glades

                                                         Hendry
                                                                                                            -
                                                                                                                DOAAL

                                                                                                                        Miami-Dade
                                                                                                                                                 Propane
                    Gas Transportation Services
                                                                                                                                              Distribution
                    Full Circle Dairy AD




2
                           560                              $1.9B                                  270,239                                  43                         $1.9B
                w
                0

                                                                                                                                                                       CAPITAL INVESTMENT
                           EMPLOYEES                        TOTAL ASSETS                           CUSTOMERS                                COUNTIES SERVED
                                                                                                                                                                       OVER 10 YEARS
    Capital Investment in Florida
       908                                              7,154                                                    ~ Eight Flags CHP Plant
       MILES OF                                         MILES OF
                                                                                                                          AM ELIA ISLAND


       DISTRIBUTION LINES                               PIPELINE                                  "--------------,------ Full Circle RNG Facility
                                                                                                                            LEE




              LNG Storage Plant                                       Propane Gas Supply
              Q HOMESTEAD, FL                                         Q LANTANA, FL                                 •✓-
                                                                                                                      --,-------   Safety Town
                                                                                                                                   DEBARY
               >   Storage capacity of                                 >Exceptional propane
                   270,000 gallons of LNG                               service for businesses
                   Delivery capability of                               when natural gas is
               >   10,000 Dth/d                                         unavailable



           Safety Town                                             Eight Flags CHP Plant
           Q DEBARY, FL                                             AMELIA ISLAND, FL
           >Hands-on and classroom                                  Combined heat and power                                                 Propane Gas Supply
             training enabling                                      (CHP) plant serves ~50% of                                              LANTANA
             collaboration with first                               Amelia Island’s demand for
             responders and other                                   electricity
             community partners



                                        Full Circle Dairy RNG                                                                      '!!- LNG Storage Plant
                                                                                                                                        HOMESTEAD
                                        Q Lee, FL
                                           Dairy waste-to-RNG
                                         > facility producing
                                            100,000 Dth/d
3
                                         >RNG injected in FPU
                                            Yulee interconnect
                                                                                                 F__LORIDA---,...          FLORID~ PUBLIC~
                                                                                                  CITYGAS                                   UTILITIES
    SAFELY DELIVERING NATURAL GAS
    −   Implementing new technologies for leak detection, remote
        monitoring and safe driving
                                                                                     FL01110A~
                                                                                     " 1'YcAs
    −   Conducting trainings at Debary Safety Town for employees,
        contractors and first responders across the state
    −   Upgrading gas meters across service territories to improve
        data accuracy and operation capabilities
    −   Gas Control Center operates 24/7 across all Company’s
        entities
    −   Enhancing reliability and safety with system upgrades and
        replacements: FPU's GUARD and FCG's SAFE programs
         •   Total Main Line Installed: 78.7 miles
         •   Services Installed: 3,342
         •   Main Retired: 46.4 miles

4        •   Services Retired: 2,813
         •   Ongoing Projects: 64                                    F__LORIDA~   FLORID~ PUBLIC~
                                                                     CITYGAS               UTILITIES
    Growth and Expansion
    Recent Projects to Meet Demands

    Wildlight Expansion, Nassau County: various phases of gas
    installation for new development with construction ongoing.

    Newberry, Alachua County Expansion: conversion of existing
    Company-owned propane community gas systems to natural gas

    Miami Inner Loop Pipeline Projects: several pipeline projects to
    support growth, increase distribution system reliability and
    enhance FCG's ability to obtain gas from various access points

    Central Florida Reinforcement Projects: FPU expansion in Plant City
    and Lake Mattie driven by supply needs from significant
    population growth

    Florida Renewable Natural Gas Supply Projects: FCG projects,
    located in Brevard, Indian River and Miami-Dade counties
    bringing renewable natural gas produced from local landfills
5

                                                                          F__LORIDA~   FLORID~ PUBLIC~
                                                                          CITYGAS            UTILITIES
    Natural Gas Demand Continues to Grow
    Increasing demand driven by population growth, increased commercial
    and industrial activity and the use of natural gas for electricity generation
          •   Residential growth 3.9% in 2025
          •   Commercial growth 1.2% in 2025
          •   Advances in space and maritime leading LNG fueling demands


    Projects and Initiatives on the Horizon to Meet Demands
    •   Building out natural gas for residential and commercial use in new
        neighborhoods across service territories
    •   Natural gas expansion for Florida’s Space Coast to serve fuel
        demands of space and maritime
    •   Natural gas expansions in South Florida to add supply and reliability
    •   Additional RNG and Marlin virtual pipeline transportation opportunities
        bringing renewable natural gas produced locally to distribution
        system
    •   Increased use of Compressed Natural Gas (CNG) by commercial and
        municipal fleets
6   •   Consideration of LNG storage projects to meet critical energy services
        demand during weather-related disruptions or for high-use customers         F__LORIDA~   FLORID~ PUBLIC~
                                                                                    CITYGAS            UTILITIES
    Meeting Demands and Planning
    −   Our Design Day models capture projected growth trends to
        ensure the utilities have sufficient capacity and supply

    −   Ensure capacity and supply models capture projected growth
        and identify potential projects
         •   Interstate capacity acquisition on multiple Southeast
             pipelines
         •   Intrastate capacity projects

    −   Gas supply - supply procurement process focuses on system
        reliability and efforts to mitigate market price volatility impacts
        to customers
         •   Supply diversification
         •   Natural gas storage at Bay Gas
         •   LNG supply at Homestead helps system resiliency and
             reliability
         •   On-system RNG projects using locally sourced supply

7

                                                                              F__LORIDA~   FLORID~ PUBLIC~
                                                                              CITYGAS            UTILITIES
    Subsidiaries of Chesapeake Utilities Corporation




8

                                                       F__LORIDA~   FLORID~ PUBLIC~
                                                       CITYGAS            UTILITIES
4 – TECO Peoples Gas
Fueling Florida’s Energy Needs
with Natural Gas
NOVEMBER 18, 2025
Peoples Gas Company Overview
MAKING LIFE BET TER FOR OUR COMMUNITIES BY DELIVERIN G SAFE,
RESILIENT, CLEAN, AFFORDA BLE NATURAL GAS ENERGY SOLUTION S




         Market reach                       Local presence                     Customer base
         Peoples Gas’ service               890 team members make              500,000+ diversified
         territory extends
                                        Q   Peoples Gas a core part of   iil   customers — growing
         throughout Florida.                the communities we serve.          at a rapid pace.



        Substantial assets                  Diversified supply                 Corporate support
        14,871 miles of distribution,       Upstream transportation            Owned by Emera, one of
        6,362 miles of service lines,       contracts with multiple            North America’s largest
        277 miles of transmission.          interstate pipelines.              energy companies.




                                                                                                         2
Peoples Gas Company Overview
PEOPLES GAS IS COMMIT TED TO SAFE AND
RELIABLE OPERATION S ACROSS FLORIDA
With a legacy dating back to 1895, Peoples Gas has grown                                         JACKSONVILLE•
to become Florida’s largest provider of safe, resilient, clean,   PANAMA CITY

and affordable natural gas energy solutions.                      •
• Strong safety culture and industry leader in safety                                              OCALA e      DAYTONA•

   o   #1 priority for our employees and contractor partners                                                 EUSTIS e


• Serving Florida from 14 service areas across the state                                                     ORLANDO•


• Innovative practices for safe, efficient system and                                                     • TAM;ALAKELAND

  delivery of natural gas                                                                    ST PETE •
                                                                                                                        • AVON PARK

   o   GPS and barcoding                                                                                  • SARASOTA

   o   Advanced leak detection                                                                                                             •
                                                                                                                                      JUPITER




                                                                   ••
                                                                                                                    •FT MYERS
   o   State-of-the-art system monitoring and control center
                                                                          Peoples Gas Service Territory                    FT LAUDERDALE•
   o   Targeted damage prevention awareness outreach                                                                                  MIAMI•
                                                                          Regional Offices
   o   Updated mobile command vehicle



                                                                                                                                       3
Peoples Gas Company Overview
PEOPLES GAS IS A LEADER IN CUSTOMER SERVICE


• Currently serving more than 500,000 customers in all
  major metropolitan areas of the state
       •   91% Residential
       •   9% Commercial
• Ranked #1 in residential customer service by J.D
  Power for the 11th year in a row and #1 for Brand
                                                                                                    Saraaota (13")



  Appeal
• Named as one of the Most Trusted Brands in the
  nation for the 11th time based on results from the
  2024 Cogent Utility Trusted Brand & Customer
  Engagement: Residential study by Escalent, as well as
                                                                                               Miami(1Z%)



  an Environmental Champion (9 years) and Customer
  Champion (11 years)
                                                                          J■dcaonvllle (12"1




                                                          C U STO M E RS BY S E R V I C E A R E A                    4
Natural Gas in Florida
UNIQUE MARKET AND UNIQUE CUSTOMER NEEDS

• Energy of choice
• Backbone of healthcare, hospitality and tourism industries
• Produces more than 75% of the state’s electricity; helps in
  reducing overall carbon emissions
• Energy reliability and resiliency is essential in our unique
  tropical climate




                                                                 5
Always Ready to Respond
PREPAREDNESS IS A YEAR-ROUND FOCUS


MAJOR FLORIDA WEATHER INCIDENTS IN THE PAST DECADE
  •   2017 – Hurricane Irma – Tampa
  •   2018 – Hurricane Michael – Panama City
  •   2022 – Hurricane Ian – Fort Myers
  •   2023 – Hurricane Idalia – St. Petersburg, Tampa
  •   2024 – Hurricane Helene – St. Petersburg, Tampa
  •   2024 – Hurricane Milton - St. Petersburg, Tampa, Sarasota

SYSTEM RESILIENCY
  •   2024: Out of more than 500,000 customers, just 1,400 were
      without gas service after two major hurricanes – mostly due to
      structural damage and not an issue with our ability to deliver

                                                                       Assessing damage on Fort Myers Beach
                                                                            after Hurricane Ian in 2022.



                                                                                                              6
Strategic Growth
FOCUSED ON RELIABILITY, RESILIENCY, AFFORDA B ILITY AND LAYERED ENERGY SOLUTION S


FLORIDA’S CRITICAL INFRASTRUCTURE                  EMERGING AREAS
  •   Power Generation                                •   AI and data centers
  •   Military                                        •   Growing generator load, particularly in coastal
  •   Healthcare                                          areas
  •   Sea Ports
  •   Transportation
  •   Data and Systems

DISTRIBUTED ENERGY SOLUTIONS
  •   Microgrid
  •   Combined Heat and Power
  •   Chiller
  •   Gas Heat Pump


                                                                                                            7
Stable Supply Supports Florida’s Energy Reliability
FOUR MA JOR PIPELINES PROVIDE SUFFICIEN T CAPACITY AND SUPPLY FROM DIVERSE BASINS TO MEET
CURRENT AND FORECASTED DEMAND, WITH FLEXIB ILITY TO SUPPORT GROWTH AND LNG EXPORTS.

Florida is served by four major                                       Tulsa                                                         Nashville                                      boro
                                                                                                                                                        Northeast Supply
interstate pipelines with a combined                                                                   Midcontinent Supply                                                             Ral

capacity of 6.7 Bcf/day, compared to
                                                     Ol<Jahoma Gry                                                                                      28% of US production
                                                                                                          18% of US production
average in-state demand of                                                                   Lit eR,
approximately 4.5 Bcf/day, representing
about 70% utilization.
                                                                                                       @Miii§@i:i&@i§                           I
                                                                                                                                                    I   -UHM+Hi
• Provides a meaningful buffer to
  accommodate seasonal peaks, industrial                  fou
                                                         Wortl
                                                                     Gulf Coast Supply
  growth, and emerging LNG export                                    24 % of US production
  dynamics.
• With the growing LNG demand in the Gulf
                                                                 @§#•N+ii!Mii
  and data center demand, future diversity                         ldi::ihi                                                                                            Sonat--0. 7 Bet/day

  of gas supply in support of customers will                            Houston
                                               San Anto1110
  be critical.
• Florida Gas Transmission (FGT) is
  considering expansion of its pipeline
  system in Florida to flow more gas into
  the state. Other interstate systems are
  likewise considering expansions to bring
  gas from other basins.

                                                          Interstate Transmission Pipeline             Future gas via interstates
                                                                                                                                                                                             8
                                                                                                -----►
Sustainability in Action
INVESTING IN LOWER-CA RB ON ENERGY SOLUTION S




R E N E WA B L E N AT U R A L G A S           CO M P R ES S E D N AT U R A L G A S      L I Q U E F I E D N AT U R A L G A S
We build, own and operate RNG facilities to   Peoples Gas serves 54 CNG stations        We help Florida ports fuel industries that
move supply across our system and extend      across Florida, and we’ve helped fleets   need a more sustainable option, and we’re
access and use.                               reduce emissions, improve reliability     investing in infrastructure to expand access
                                              and lower costs.                          and use of LNG to improve reliability and
                                                                                        resiliency of the state’s natural gas system.

                                                                                                                                        9
THANK YOU
5 – FPL
Driving Florida’s Energy Future
Brandon Stankiewicz, Vice President, Universal Solar & Storage
Florida Power & Light Company
November 18, 2025
FPL generates electricity from diverse sources, creating an efficient
and resilient system to serve customers at the lowest possible cost

                                                  • Generation sources include:
                                                     o Fuel-efficient natural gas plants
                                                     o Safe, reliable nuclear plants
                                                     o Cost-effective solar generation
                                                     o New deployment of battery storage


                                                  • Since 2001, FPL has saved customers
                                                    more than $16 billion in fuel costs
                                                     o In 2024, FPL’s fuel-saving technologies
                                                       saved customers $867 million
                                                     o Solar alone has delivered over $1 billion in
                                                       fuel savings since 2016




2
FPL continues to invest in low-cost solar energy and is now adding
battery storage into its diverse mix of power generation sources

                                        • FPL solar energy centers operating today generate
                                          enough energy to power more than 1.5 million
                                          homes across Florida each year
                                        • As a generation option, solar provides several
                                          advantages:
                                           o Scalable – can add MW to closely match expected load
                                             growth
                                           o Speed to market – can permit and construct typical site
                                             within 24-months
                                           o Lowest cost option relative to alternatives based on
                                             today’s pricing
                                        • Paired with battery storage, FPL can capture “free”
                                          energy for use during peak periods, increasing
                                          reliability


3   I   November 18, 2025
Solar and battery storage can be combined to serve a large portion of
load during the day, reducing fuel consumption fleet-wide

                                              Example - Solar + Battery Plant Output                                                                   Example - System Wide Plant Dispatch

                               80                                                                                                                                                                          - -               - -
                                                                                                                                                           -         -                         -
                                                                                                                                                                          ....             -
                                                                  .       ----




    Plant Output (Megawatts)
                                                                      ~




                               60
                                                                                    -



                                                                                                                           Operating Megawatts
                                                           ....                         ..
                               40
                                                                                                 n.
                                                                                             -
                               20
                                                                                                      ..
                                                                                                                                                                                                                         I
                                                           n                                               n                                                         -                                 --I
                                                                                                                                                                                                                     I
                                 -
                                                            -u
                                                                                                                                                                                               ~   ~
                                                                                                                                                                          ~




                                                                                             -
                                                                                   l    -
                                        1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
                                                                      -       - --
                                                                                                                                                      --        -
                                                                                                                                                                -                              -
                                                                                                                                                 1 2 3 4 -5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
                                                                                                                                                                                --
                               (20)                                       ~
                                                                                                                                                                          - - -
                                                                      Hour Ending                                                                                                  Hour Ending
                                 ■    Clipped Energy Capture          ■   Discharge of Clipped Energy          ■   Solar                                    ■   Battery    ■     Nuclear   ■   Solar   ■   CC    ■   Peakers




4                                I     November 18, 2025


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