[8-K] NextEra Energy, Inc. Reports Material Event
NextEra Energy (NEE) disclosed a proposed 2025 rate agreement for Florida Power & Light (FPL) that, if approved by the Florida Public Service Commission (FPSC), would take effect January 1, 2026 and run through at least December 2029. The agreement would establish new retail base rates producing annualized retail base revenue increases of $945 million beginning January 1, 2026 and $705 million beginning January 1, 2027, and would allow additional base rate increases for qualifying solar and battery projects through a Solar and Battery Base Rate Adjustment (SoBRA) subject to specified economic or resource/reliability need demonstrations.
The proposal sets an authorized regulatory return on common equity of 10.95% with a band of 9.95% to 11.95%, and a regulatory capital structure reflecting a 59.6% equity ratio. It would permit a rate stabilization mechanism (RSM) including up to $1.155 billion of certain deferred tax liabilities and related items, rules for amortization tied to maintaining ROE within the authorized band, recognition of customer shares of asset optimization gains with amounts above $150 million returned via the fuel cost recovery clause, storm cost recovery with an initial surcharge cap of $5 per 1,000 kWh for the first 12 months, and tariffs for large new or incremental loads of 50 MW or greater with at least 85% load factor. The agreement will not take effect unless approved by the FPSC.
NextEra Energy (NEE) ha presentato una proposta di accordo tariffario 2025 per Florida Power & Light (FPL) che, se approvata dalla Florida Public Service Commission (FPSC), entrerebbe in vigore il 1潞 gennaio 2026 e rimarrebbe valida almeno fino a dicembre 2029. L鈥檃ccordo prevederebbe nuove tariffe base al dettaglio che genererebbero aumenti dei ricavi base al dettaglio annualizzati di $945 milioni a partire dal 1潞 gennaio 2026 e di $705 milioni a partire dal 1潞 gennaio 2027, e consentirebbe ulteriori aumenti delle tariffe base per progetti fotovoltaici e di stoccaggio qualificati tramite un Solar and Battery Base Rate Adjustment (SoBRA), soggetto a specifiche dimostrazioni di necessit脿 economica o di risorsa/affidabilit脿.
La proposta stabilisce un rendimento regolatorio autorizzato sul capitale proprio del 10,95% con una banda compresa tra 9,95% e 11,95%, e una struttura patrimoniale regolatoria che riflette un rapporto azionario del 59,6%. Prevederebbe un meccanismo di stabilizzazione delle tariffe (RSM) che include fino a $1,155 miliardi di determinate passivit脿 fiscali differite e voci correlate, regole di ammortamento legate al mantenimento del ROE entro la banda autorizzata, il riconoscimento della quota spettante ai clienti sui guadagni dall鈥檕ttimizzazione degli asset con gli importi superiori a $150 milioni restituiti tramite la clausola di recupero del costo del carburante, il recupero dei costi dovuti a eventi atmosferici con un limite iniziale di sovrattassa di $5 per 1.000 kWh per i primi 12 mesi, e tariffe per nuovi o incrementali carichi elevati di 50 MW o pi霉 con almeno 85% di fattore di carico. L鈥檃ccordo non entrer脿 in vigore se non approvato dalla FPSC.
NextEra Energy (NEE) present贸 un propuesto acuerdo tarifario 2025 para Florida Power & Light (FPL) que, si lo aprueba la Florida Public Service Commission (FPSC), entrar铆a en vigor el 1 de enero de 2026 y se extender铆a al menos hasta diciembre de 2029. El acuerdo establecer铆a nuevas tarifas base minoristas que generar铆an incrementos anualizados de ingresos base minoristas de $945 millones a partir del 1 de enero de 2026 y de $705 millones a partir del 1 de enero de 2027, y permitir铆a aumentos adicionales de la tarifa base para proyectos solares y de bater铆as que cumplan requisitos mediante un Solar and Battery Base Rate Adjustment (SoBRA), sujeto a demostraciones espec铆ficas de necesidad econ贸mica o de recurso/fiabilidad.
La propuesta fija un rendimiento regulatorio autorizado sobre el capital social del 10,95% con un rango de 9,95% a 11,95%, y una estructura de capital regulatoria que refleja una proporci贸n de patrimonio del 59,6%. Permitir铆a un mecanismo de estabilizaci贸n de tarifas (RSM) que incluye hasta $1.155 millones de ciertas obligaciones fiscales diferidas y partidas relacionadas, reglas de amortizaci贸n vinculadas a mantener el ROE dentro del rango autorizado, el reconocimiento de la participaci贸n de los clientes en las ganancias por optimizaci贸n de activos con importes superiores a $150 millones devueltos a trav茅s de la cl谩usula de recuperaci贸n del costo del combustible, la recuperaci贸n de costos por tormentas con un tope inicial de recargo de $5 por 1.000 kWh durante los primeros 12 meses, y tarifas para cargas nuevas o incrementales grandes de 50 MW o m谩s con al menos 85% de factor de carga. El acuerdo no entrar谩 en vigor salvo que la FPSC lo apruebe.
NextEra Energy(NEE)電� Florida Power & Light(FPL)鞐� 雽�頃� 2025 鞖旉笀 頃╈潣鞎堨潉 瓿店皽頄堨姷雼堧嫟. 鞚� 頃╈潣鞎堨潃 頂岆毽嫟 瓿店车靹滊箘鞀れ渼鞗愴殞(FPSC)鞚� 鞀轨澑鞚� 氚涭溂氅� 2026雲� 1鞗� 1鞚茧秬韯� 氚滍毃霅橃柎 斓滌唽 2029雲� 12鞗旉箤歆� 鞙犿毃頃╇媹雼�. 鞚� 頃╈潣鞎堨潃 靸堧鞖� 靻岆Г 旮半掣鞖旉笀鞚� 霃勳瀰頃� 2026雲� 1鞗� 1鞚茧秬搿� 鞐瓣皠頇旊悳 靻岆Г 旮半掣靾橃澋鞚� $945氚彪 歃濌皜顷橁碃 2027雲� 1鞗� 1鞚茧秬搿� $705氚彪 歃濌皜頃橂弰搿� 頃橂┌, 歆�鞝曤悳 瓴届牅鞝� 頃勳殧靹� 霕愲姅 鞛愳洂/鞁犽靹� 頃勳殧靹� 鞛呾鞐� 霐半澕 Solar and Battery Base Rate Adjustment(SoBRA)毳� 韱淀暣 鞝侁博 韮滌枒甏� 氚� 氚绊劙毽� 頂勲鞝濏姼鞐� 雽�頃� 於旉皜 旮半掣鞖旉笀 鞚胳儊鞚� 項堨毄頃╇媹雼�.
鞝涤晥靹滊姅 10.95%鞚� 攴滌牅靸� 項堨毄 鞛愱赴鞛愲掣 靾橃澋毳�(authorized ROE)鞚� 鞝暻陿瓿�, 氩旍渼電� 9.95%鞐愳劀 11.95%搿� 鞝滌嫓頃橂┌, 鞛愱赴鞛愲掣 牍勳湪 59.6%毳� 氚橃榿頃� 攴滌牅 鞛愲掣甑“毳� 韽暔頃╇媹雼�. 霕愴暅 韸轨爼 鞚挫棸氩曥澑靹鸽秬毂� 氚� 甏�霠� 頃 斓滊寑 $1.1550巩�鞚� 韽暔頃橂姅 鞖旉笀 鞎堨爼頇� 氅旍护雼堨(RSM), ROE毳� 項堨毄 氩旍渼 雮措 鞙犾頃橁赴 鞙勴暅 靸侁皝 攴滌箼, 鞛愳偘 斓滌爜頇� 鞚挫澋 欷� 瓿犼皾 氇潉 鞚胳嫕頃橂悩 $150氚彪 齑堦臣攵�鞚� 鞐半牍� 須岇垬 臁绊暛鞚� 韱淀暣 氚橅櫂, 齑堦赴 12臧滌洈 霃欖晥 1,000 kWh雼� $5鞚� 頃滊弰搿� 韽拲 牍勳毄 須岇垬鞕�, 斓滌唽 85% 攵�頃橃湪鞚� 臧�歆� 50MW 鞚挫儊鞚� 雽�攴滊 鞁犼窚 霕愲姅 歃濍秳 攵�頃橃棎 雽�頃� 鞖旉笀鞝滊ゼ 項堨毄頃╇媹雼�. 鞚� 頃╈潣鞎堨潃 FPSC鞚� 鞀轨澑鞚� 氚涭 鞎婋姅 頃� 氚滍毃霅橃 鞎婌姷雼堧嫟.
NextEra Energy (NEE) a d茅voil茅 une proposition d鈥檃ccord tarifaire 2025 pour Florida Power & Light (FPL) qui, si elle est approuv茅e par la Florida Public Service Commission (FPSC), prendrait effet le 1er janvier 2026 et resterait en vigueur au moins jusqu鈥檈n d茅cembre 2029. L鈥檃ccord 茅tablirait de nouveaux tarifs de base de d茅tail g茅n茅rant des augmentations des revenus de base de d茅tail annualis茅s de 945 millions de dollars 脿 compter du 1er janvier 2026 et de 705 millions de dollars 脿 compter du 1er janvier 2027, et permettrait des hausses suppl茅mentaires des tarifs de base pour des projets solaires et de batteries 茅ligibles via un Solar and Battery Base Rate Adjustment (SoBRA), sous r茅serve de d茅monstrations sp茅cifiques de n茅cessit茅 茅conomique ou de besoin en ressources/fiabilit茅.
La proposition pr茅voit un rendement r茅glementaire autoris茅 sur les capitaux propres de 10,95% avec une fourchette de 9,95% 脿 11,95%, et une structure financi猫re r茅glementaire refl茅tant un ratio de fonds propres de 59,6%. Elle permettrait un m茅canisme de stabilisation des tarifs (RSM) incluant jusqu鈥櫭� 1,155 milliards de dollars de certaines dettes fiscales diff茅r茅es et 茅l茅ments connexes, des r猫gles d鈥檃mortissement li茅es au maintien du ROE dans la fourchette autoris茅e, la reconnaissance de la part client des gains d鈥檕ptimisation d鈥檃ctifs avec les montants sup茅rieurs 脿 150 millions de dollars restitu茅s via la clause de r茅cup茅ration des co没ts du carburant, la r茅cup茅ration des co没ts li茅s aux temp锚tes avec un plafond initial de surtaxe de 5 $ par 1 000 kWh pour les 12 premiers mois, et des tarifs applicables aux nouvelles charges importantes ou incr茅mentales de 50 MW ou plus pr茅sentant un facteur de charge d鈥檃u moins 85%. L鈥檃ccord ne prendra effet que s鈥檌l est approuv茅 par la FPSC.
NextEra Energy (NEE) legte einen vorgeschlagenen Tarifsvertrag 2025 f眉r Florida Power & Light (FPL) vor, der 鈥� sofern von der Florida Public Service Commission (FPSC) genehmigt 鈥� am 1. Januar 2026 in Kraft treten und mindestens bis Dezember 2029 gelten w眉rde. Der Vertrag w眉rde neue Einzelhandels-Basistarife festlegen, die j盲hrliche Basisumsatzsteigerungen von $945 Millionen ab dem 1. Januar 2026 und $705 Millionen ab dem 1. Januar 2027 erzeugen, und zus盲tzliche Basispreiserh枚hungen f眉r qualifizierte Solar- und Batterieprojekte 眉ber eine Solar and Battery Base Rate Adjustment (SoBRA) zulassen, vorbehaltlich nachgewiesener wirtschaftlicher oder Ressourcen-/Zuverl盲ssigkeitsbedarfe.
Der Vorschlag sieht eine autorisierte regulatorische Eigenkapitalrendite von 10,95% mit einer Bandbreite von 9,95% bis 11,95% sowie eine regulatorische Kapitalstruktur mit einem Eigenkapitalanteil von 59,6% vor. Er w眉rde einen Tarifstabilisierungsmechanismus (RSM) erlauben, der bis zu $1,155 Milliarden bestimmter latenter Steuerverbindlichkeiten und verwandter Posten umfasst, Amortisierungsregeln, die mit der Aufrechterhaltung der ROE innerhalb der genehmigten Bandbreite verkn眉pft sind, die Anerkennung von Kundenanteilen an Ertr盲gen aus Asset-Optimierung, wobei Betr盲ge 眉ber $150 Millionen 眉ber die Treibstoffkosten-Erholungsklausel zur眉ckgegeben werden, die Erholung von Sturmkosten mit einer anf盲nglichen Zuschlagsobergrenze von $5 pro 1.000 kWh f眉r die ersten 12 Monate sowie Tarife f眉r gro脽e neue oder zus盲tzliche Lasten von 50 MW oder mehr mit mindestens 85% Lastfaktor. Der Vertrag tritt nur in Kraft, wenn die FPSC ihn genehmigt.
- $945 million in annualized retail base revenue beginning January 1, 2026
- $705 million in annualized retail base revenue beginning January 1, 2027
- Authorized ROE of 10.95% with a clear band of 9.95%鈥�11.95%, providing predictable allowed returns
- Regulatory equity ratio of 59.6%, maintaining a conservative capital structure
- RSM up to $1.155 billion to address deferred tax liabilities and related items, enabling structured recovery
- Agreement requires FPSC approval, so proposed increases are not guaranteed
- SoBRA and RSM recoveries are conditional on demonstrations and regulatory review, which may delay or limit recovery
- Storm cost recovery cap initially limits surcharges to $5 per 1,000 kWh for the first 12 months, potentially deferring full cost recovery
- Potential review triggers if earned ROE falls below 9.95% or rises above 11.95%, introducing regulatory outcomes that could affect rates
Insights
TL;DR: The agreement materially increases allowed revenue and preserves a strong equity ratio, supporting regulated earnings stability.
The proposed $945M and $705M annualized base revenue increases for 2026 and 2027 are large, recurring uplifts to FPL's retail base that, if implemented, should materially support regulated cash flow and earnings. An authorized ROE of 10.95% with a 9.95%-11.95% band provides predictable allowed returns while offering safeguards that allow rate relief or review if earned ROE exits the band. The 59.6% equity ratio maintains a conservative capital structure consistent with prior cases, reducing financial risk compared with higher leverage. The RSM mechanism and SoBRA provide structured recovery paths for deferred tax items and future clean energy investments, though amortization constraints tied to ROE limits could moderate near-term rate impacts.
TL;DR: Proposal balances customer protections with utility recovery but requires FPSC approval and contains conditional mechanisms that could limit immediate cost recovery.
The deal includes customer protections such as a $5 per 1,000 kWh cap on initial storm surcharge and fuel-clause treatment for excess asset-optimization gains above $150M, which may reduce customer bill shock. However, several recoveries (SoBRA, RSM amortization) are subject to specified conditions and FPSC review, so actual timing and magnitude of recoveries depend on regulatory interpretation and project demonstrations of need. The agreement's effectiveness hinges on FPSC approval and potential consideration of FPL's as-filed base rate proceeding, creating regulatory execution risk despite materially favorable headline numbers.
NextEra Energy (NEE) ha presentato una proposta di accordo tariffario 2025 per Florida Power & Light (FPL) che, se approvata dalla Florida Public Service Commission (FPSC), entrerebbe in vigore il 1潞 gennaio 2026 e rimarrebbe valida almeno fino a dicembre 2029. L鈥檃ccordo prevederebbe nuove tariffe base al dettaglio che genererebbero aumenti dei ricavi base al dettaglio annualizzati di $945 milioni a partire dal 1潞 gennaio 2026 e di $705 milioni a partire dal 1潞 gennaio 2027, e consentirebbe ulteriori aumenti delle tariffe base per progetti fotovoltaici e di stoccaggio qualificati tramite un Solar and Battery Base Rate Adjustment (SoBRA), soggetto a specifiche dimostrazioni di necessit脿 economica o di risorsa/affidabilit脿.
La proposta stabilisce un rendimento regolatorio autorizzato sul capitale proprio del 10,95% con una banda compresa tra 9,95% e 11,95%, e una struttura patrimoniale regolatoria che riflette un rapporto azionario del 59,6%. Prevederebbe un meccanismo di stabilizzazione delle tariffe (RSM) che include fino a $1,155 miliardi di determinate passivit脿 fiscali differite e voci correlate, regole di ammortamento legate al mantenimento del ROE entro la banda autorizzata, il riconoscimento della quota spettante ai clienti sui guadagni dall鈥檕ttimizzazione degli asset con gli importi superiori a $150 milioni restituiti tramite la clausola di recupero del costo del carburante, il recupero dei costi dovuti a eventi atmosferici con un limite iniziale di sovrattassa di $5 per 1.000 kWh per i primi 12 mesi, e tariffe per nuovi o incrementali carichi elevati di 50 MW o pi霉 con almeno 85% di fattore di carico. L鈥檃ccordo non entrer脿 in vigore se non approvato dalla FPSC.
NextEra Energy (NEE) present贸 un propuesto acuerdo tarifario 2025 para Florida Power & Light (FPL) que, si lo aprueba la Florida Public Service Commission (FPSC), entrar铆a en vigor el 1 de enero de 2026 y se extender铆a al menos hasta diciembre de 2029. El acuerdo establecer铆a nuevas tarifas base minoristas que generar铆an incrementos anualizados de ingresos base minoristas de $945 millones a partir del 1 de enero de 2026 y de $705 millones a partir del 1 de enero de 2027, y permitir铆a aumentos adicionales de la tarifa base para proyectos solares y de bater铆as que cumplan requisitos mediante un Solar and Battery Base Rate Adjustment (SoBRA), sujeto a demostraciones espec铆ficas de necesidad econ贸mica o de recurso/fiabilidad.
La propuesta fija un rendimiento regulatorio autorizado sobre el capital social del 10,95% con un rango de 9,95% a 11,95%, y una estructura de capital regulatoria que refleja una proporci贸n de patrimonio del 59,6%. Permitir铆a un mecanismo de estabilizaci贸n de tarifas (RSM) que incluye hasta $1.155 millones de ciertas obligaciones fiscales diferidas y partidas relacionadas, reglas de amortizaci贸n vinculadas a mantener el ROE dentro del rango autorizado, el reconocimiento de la participaci贸n de los clientes en las ganancias por optimizaci贸n de activos con importes superiores a $150 millones devueltos a trav茅s de la cl谩usula de recuperaci贸n del costo del combustible, la recuperaci贸n de costos por tormentas con un tope inicial de recargo de $5 por 1.000 kWh durante los primeros 12 meses, y tarifas para cargas nuevas o incrementales grandes de 50 MW o m谩s con al menos 85% de factor de carga. El acuerdo no entrar谩 en vigor salvo que la FPSC lo apruebe.
NextEra Energy(NEE)電� Florida Power & Light(FPL)鞐� 雽�頃� 2025 鞖旉笀 頃╈潣鞎堨潉 瓿店皽頄堨姷雼堧嫟. 鞚� 頃╈潣鞎堨潃 頂岆毽嫟 瓿店车靹滊箘鞀れ渼鞗愴殞(FPSC)鞚� 鞀轨澑鞚� 氚涭溂氅� 2026雲� 1鞗� 1鞚茧秬韯� 氚滍毃霅橃柎 斓滌唽 2029雲� 12鞗旉箤歆� 鞙犿毃頃╇媹雼�. 鞚� 頃╈潣鞎堨潃 靸堧鞖� 靻岆Г 旮半掣鞖旉笀鞚� 霃勳瀰頃� 2026雲� 1鞗� 1鞚茧秬搿� 鞐瓣皠頇旊悳 靻岆Г 旮半掣靾橃澋鞚� $945氚彪 歃濌皜顷橁碃 2027雲� 1鞗� 1鞚茧秬搿� $705氚彪 歃濌皜頃橂弰搿� 頃橂┌, 歆�鞝曤悳 瓴届牅鞝� 頃勳殧靹� 霕愲姅 鞛愳洂/鞁犽靹� 頃勳殧靹� 鞛呾鞐� 霐半澕 Solar and Battery Base Rate Adjustment(SoBRA)毳� 韱淀暣 鞝侁博 韮滌枒甏� 氚� 氚绊劙毽� 頂勲鞝濏姼鞐� 雽�頃� 於旉皜 旮半掣鞖旉笀 鞚胳儊鞚� 項堨毄頃╇媹雼�.
鞝涤晥靹滊姅 10.95%鞚� 攴滌牅靸� 項堨毄 鞛愱赴鞛愲掣 靾橃澋毳�(authorized ROE)鞚� 鞝暻陿瓿�, 氩旍渼電� 9.95%鞐愳劀 11.95%搿� 鞝滌嫓頃橂┌, 鞛愱赴鞛愲掣 牍勳湪 59.6%毳� 氚橃榿頃� 攴滌牅 鞛愲掣甑“毳� 韽暔頃╇媹雼�. 霕愴暅 韸轨爼 鞚挫棸氩曥澑靹鸽秬毂� 氚� 甏�霠� 頃 斓滊寑 $1.1550巩�鞚� 韽暔頃橂姅 鞖旉笀 鞎堨爼頇� 氅旍护雼堨(RSM), ROE毳� 項堨毄 氩旍渼 雮措 鞙犾頃橁赴 鞙勴暅 靸侁皝 攴滌箼, 鞛愳偘 斓滌爜頇� 鞚挫澋 欷� 瓿犼皾 氇潉 鞚胳嫕頃橂悩 $150氚彪 齑堦臣攵�鞚� 鞐半牍� 須岇垬 臁绊暛鞚� 韱淀暣 氚橅櫂, 齑堦赴 12臧滌洈 霃欖晥 1,000 kWh雼� $5鞚� 頃滊弰搿� 韽拲 牍勳毄 須岇垬鞕�, 斓滌唽 85% 攵�頃橃湪鞚� 臧�歆� 50MW 鞚挫儊鞚� 雽�攴滊 鞁犼窚 霕愲姅 歃濍秳 攵�頃橃棎 雽�頃� 鞖旉笀鞝滊ゼ 項堨毄頃╇媹雼�. 鞚� 頃╈潣鞎堨潃 FPSC鞚� 鞀轨澑鞚� 氚涭 鞎婋姅 頃� 氚滍毃霅橃 鞎婌姷雼堧嫟.
NextEra Energy (NEE) a d茅voil茅 une proposition d鈥檃ccord tarifaire 2025 pour Florida Power & Light (FPL) qui, si elle est approuv茅e par la Florida Public Service Commission (FPSC), prendrait effet le 1er janvier 2026 et resterait en vigueur au moins jusqu鈥檈n d茅cembre 2029. L鈥檃ccord 茅tablirait de nouveaux tarifs de base de d茅tail g茅n茅rant des augmentations des revenus de base de d茅tail annualis茅s de 945 millions de dollars 脿 compter du 1er janvier 2026 et de 705 millions de dollars 脿 compter du 1er janvier 2027, et permettrait des hausses suppl茅mentaires des tarifs de base pour des projets solaires et de batteries 茅ligibles via un Solar and Battery Base Rate Adjustment (SoBRA), sous r茅serve de d茅monstrations sp茅cifiques de n茅cessit茅 茅conomique ou de besoin en ressources/fiabilit茅.
La proposition pr茅voit un rendement r茅glementaire autoris茅 sur les capitaux propres de 10,95% avec une fourchette de 9,95% 脿 11,95%, et une structure financi猫re r茅glementaire refl茅tant un ratio de fonds propres de 59,6%. Elle permettrait un m茅canisme de stabilisation des tarifs (RSM) incluant jusqu鈥櫭� 1,155 milliards de dollars de certaines dettes fiscales diff茅r茅es et 茅l茅ments connexes, des r猫gles d鈥檃mortissement li茅es au maintien du ROE dans la fourchette autoris茅e, la reconnaissance de la part client des gains d鈥檕ptimisation d鈥檃ctifs avec les montants sup茅rieurs 脿 150 millions de dollars restitu茅s via la clause de r茅cup茅ration des co没ts du carburant, la r茅cup茅ration des co没ts li茅s aux temp锚tes avec un plafond initial de surtaxe de 5 $ par 1 000 kWh pour les 12 premiers mois, et des tarifs applicables aux nouvelles charges importantes ou incr茅mentales de 50 MW ou plus pr茅sentant un facteur de charge d鈥檃u moins 85%. L鈥檃ccord ne prendra effet que s鈥檌l est approuv茅 par la FPSC.
NextEra Energy (NEE) legte einen vorgeschlagenen Tarifsvertrag 2025 f眉r Florida Power & Light (FPL) vor, der 鈥� sofern von der Florida Public Service Commission (FPSC) genehmigt 鈥� am 1. Januar 2026 in Kraft treten und mindestens bis Dezember 2029 gelten w眉rde. Der Vertrag w眉rde neue Einzelhandels-Basistarife festlegen, die j盲hrliche Basisumsatzsteigerungen von $945 Millionen ab dem 1. Januar 2026 und $705 Millionen ab dem 1. Januar 2027 erzeugen, und zus盲tzliche Basispreiserh枚hungen f眉r qualifizierte Solar- und Batterieprojekte 眉ber eine Solar and Battery Base Rate Adjustment (SoBRA) zulassen, vorbehaltlich nachgewiesener wirtschaftlicher oder Ressourcen-/Zuverl盲ssigkeitsbedarfe.
Der Vorschlag sieht eine autorisierte regulatorische Eigenkapitalrendite von 10,95% mit einer Bandbreite von 9,95% bis 11,95% sowie eine regulatorische Kapitalstruktur mit einem Eigenkapitalanteil von 59,6% vor. Er w眉rde einen Tarifstabilisierungsmechanismus (RSM) erlauben, der bis zu $1,155 Milliarden bestimmter latenter Steuerverbindlichkeiten und verwandter Posten umfasst, Amortisierungsregeln, die mit der Aufrechterhaltung der ROE innerhalb der genehmigten Bandbreite verkn眉pft sind, die Anerkennung von Kundenanteilen an Ertr盲gen aus Asset-Optimierung, wobei Betr盲ge 眉ber $150 Millionen 眉ber die Treibstoffkosten-Erholungsklausel zur眉ckgegeben werden, die Erholung von Sturmkosten mit einer anf盲nglichen Zuschlagsobergrenze von $5 pro 1.000 kWh f眉r die ersten 12 Monate sowie Tarife f眉r gro脽e neue oder zus盲tzliche Lasten von 50 MW oder mehr mit mindestens 85% Lastfaktor. Der Vertrag tritt nur in Kraft, wenn die FPSC ihn genehmigt.
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| Commission File Number | Exact name of registrants as specified in their charters, address of principal executive offices and registrants' telephone number | IRS Employer Identification Number | ||||||||||||
| Registrants | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | |||||||||||||||||
| NextEra Energy, Inc. | ||||||||||||||||||||
| Florida Power & Light Company | None | |||||||||||||||||||
| Exhibit Number | Description | NextEra Energy, Inc. | Florida Power & Light Company | |||||||||||||||||
| 99 | Stipulation and Settlement Agreement dated August 20, 2025 | x | x | |||||||||||||||||
| 101 | Interactive data files for this Form 8-K formatted in Inline XBRL | x | x | |||||||||||||||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | x | x | |||||||||||||||||
| NEXTERA ENERGY, INC. | ||||||||
| (Registrant) | ||||||||
| WILLIAM J. GOUGH | ||||||||
| William J. Gough Vice President, Controller and Chief Accounting Officer | ||||||||
| FLORIDA POWER & LIGHT COMPANY | ||||||||
| (Registrant) | ||||||||
| KEITH FERGUSON | ||||||||
| Keith Ferguson Vice President, Accounting, Financial Planning and Controller | ||||||||
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FAQ
What revenue increases does the proposed 2025 rate agreement for NEE's FPL include?
What is the authorized regulatory ROE in the proposed agreement for FPL?
How does the proposal handle future solar and battery projects?
What is the Rate Stabilization Mechanism (RSM) amount and purpose?
Are there customer protections for storm restoration cost recovery?
