February 8, 2025

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Business is my step

FPL provides credits, price waivers to modest organizations crushed by pandemic

2 min read

As portion of a $75 million financial investment in initiatives to help buyers through hard situations resulting from the coronavirus pandemic, Florida Electricity & Light-weight is presenting fee waivers, payment extensions and direct credits to little organizations through its new Main Street Restoration Credit history Application.

To be eligible, companies should have been inactive for at the very least six consecutive months following March 2020 or be in a federally specified Prospect Zone in the company’s assistance place. New smaller businesses may also be suitable. 

If authorised, corporations will get a 10% credit score every thirty day period during 2021 centered on their power intake fees from their previous month’s bill. 

More:Boca Raton Vacation resort & Club terminates 995 staff members amid pandemic-fueled economic disaster

Even though the total country has endured financial setbacks mainly because of the ongoing pandemic, Florida has been hit specifically tricky. More than 50 percent of Florida’s modest organizations have closed because the pandemic commenced, according to a survey of 4,800 little firms executed by the Florida Chamber Foundation, although 45% expressed problem about their potential to run in the foreseeable future. 

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