NEXTERA ENERGY INC
NextEra Energy, Inc. is a leading electric power and energy infrastructure company based in the United States, with two principal businesses: Florida Power & Light Company (FPL) and NextEra Energy Resources (NEER). FPL is a rate-regulated electric utility in Florida, serving approximately 5.9 million customer accounts and generating, transmitting, and distributing electric energy. Its strategy focuses on delivering low customer bills, high reliability, outstanding customer service, and clean energy. FPL's service areas cover most of the east and lower west coasts of Florida. NEER is the world's largest generator of renewable energy from wind and solar, as well as a leader in battery storage. Its strategy involves the development, construction, and operation of long-term contracted assets, primarily consisting of clean energy assets and electric transmission facilities. NEER's subsidiary, NextEra Energy Transmission, LLC, is a rate-regulated transmission business. NextEra Energy's website is www.nextenergyco.com, and its common stock is traded on the New York Stock Exchange under the ticker symbol NEE. The company's mission is to create sustainable value for its customers, employees, and shareholders by providing clean, reliable, and affordable energy solutions. At December 31, 2023, FPL had approximately 33,520 MW of net generating capacity, including 24,254 MW from natural gas and solar generation facilities, 3,502 MW from nuclear units, and 717 MW from coal units owned in partnership with others. FPL serves more than 12 million people and generates the majority of its operating revenues from retail customers. NEER's competitive energy business, NextEra Energy Resources, is the world's largest generator of renewable energy from wind and solar. It owns and operates 44 solar and 4 nuclear units, and has joint ownership interests in 3 coal units. NEER also develops and constructs battery storage projects to enhance its ability to meet customer needs. NextEra Energy's businesses are subject to regulation by various federal, state, and other organizations, including the Federal Energy Regulatory Commission (FERC), the Nuclear Regulatory Commission (NRC), and the Environmental Protection Agency (EPA). FPL's operations are regulated by the Florida Public Service Commission (FPSC) for retail rates, service area, and planning, siting, and construction of facilities. FPL and Gulf Power Company merged in 2021, and FPL continues to be regulated as a single electric ratemaking entity with new unified rates and tariffs effective January 1, 2022.