The hurricane that landed as a Category 4 storm knocked out power to nearly 6 million customers in Florida. Fred Katayama reports.
Hurricane Irma knocked out power to about 5.8 million homes and businesses in Florida. Striking the state as a Category 4 storm, it has lost strength as it crept up the western coast, but it extended the power losses to Georgia. Florida's largest power company, FPL, says more than 3.6 million of its customers had no power as of Monday morning. With damage to its system, it said it could take weeks to fully restore power to many areas. FPL, a unit of NextEra Energy, said its two nuclear plants were safe. Commenting on the utilities serving Florida, KeyBanc Capital Markets analyst Paul Ridzon, "We expect earnings impact to be largely isolated around reduced demand for power during the actual outage and period of any rebuilding of impacted structures unable to take load." Power outage figures were growing at other utilities. Duke Energy said outages could exceed 1 million. Over in Georgia, about 90,000 have lost power, but that could rise as the storm moves north.