NextEra Energy delivered a solid start to 2026, with adjusted EPS up 10% year-over-year driven by robust operational performance at FPL and Energy Resources, supporting strong growth prospects.
- FPL added nearly 100,000 customers in Q1 and plans to invest $90-100 billion through 2032, supporting Florida’s projected 4.7% annual GDP growth to 2040.
- FPL’s 10-year plan includes 4 GW of gas, over 12 GW of solar, and 7 GW of storage, maintaining low-cost, reliable service amid continued infrastructure expansion.
- Despite significant capital investments, FPL's residential bills are 20% lower today (inflation-adjusted) than 20 years ago, with reliability 68% better than national average.
- About 21 GW of large load interest at FPL, with potential to serve some customers as early as 2028, providing a strong revenue growth pipeline.
- Energy Resources advances its transmission portfolio, recently securing ERCOT approval for new Texas projects, bolstering infrastructure and efficiency momentum.
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