NextEra Energy Files 8-K with Financials and Disclosures
Ticker: NEE-PV · Form: 8-K · Filed: Dec 30, 2024 · CIK: 753308
Sentiment: neutral
Topics: financial-statements, disclosure, 8-k
Related Tickers: NEE
TL;DR
NEE dropped an 8-K on 12/30 with financials and other disclosures.
AI Summary
On December 30, 2024, NextEra Energy, Inc. filed an 8-K to disclose information related to its financial statements and exhibits. The filing also included a Regulation FD Disclosure and Other Events, though specific details of these events or any associated dollar amounts were not provided in the excerpt.
Why It Matters
This filing provides important updates and disclosures for investors regarding NextEra Energy's financial status and other material events.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for financial statements and disclosures, not indicating any immediate significant risks.
Key Players & Entities
- NEXTERA ENERGY INC (company) — Filer
- FLORIDA POWER & LIGHT CO (company) — Subsidiary Filer
- 20241230 (date) — Filing Date
FAQ
What specific events are being disclosed under Regulation FD?
The provided excerpt does not specify the details of the Regulation FD Disclosure.
Are there any material financial updates in this filing?
The filing indicates that financial statements and exhibits are included, but the excerpt does not detail the specific financial information.
What is the significance of the 'Other Events' item?
The excerpt mentions 'Other Events' as an item in the filing, but does not provide any details about what those events are.
When was this 8-K filing submitted?
This 8-K filing was submitted on December 30, 2024.
What is NextEra Energy's Standard Industrial Classification?
NextEra Energy's Standard Industrial Classification is ELECTRIC SERVICES [4911].
Filing Stats: 2,215 words · 9 min read · ~7 pages · Grade level 20 · Accepted 2024-12-30 08:20:18
Key Financial Figures
- $0.01 — red NextEra Energy, Inc. Common Stock, $0.01 Par Value NEE New York Stock Exchange
- $1.55 billion — e requirement increase of approximately $1.55 billion effective January 2026 and a subsequent
- $930 million — equent annual increase of approximately $930 million effective January 2027. The plan is als
Filing Documents
- nee-20241230.htm (8-K) — 51KB
- exhibit99tonee-fpl8xkdated.htm (EX-99) — 41KB
- fpllogo.jpg (GRAPHIC) — 34KB
- nee-20241230_g1.jpg (GRAPHIC) — 290KB
- nee-20241230_g2.jpg (GRAPHIC) — 56KB
- 0000753308-24-000063.txt ( ) — 1162KB
- nee-20241230.xsd (EX-101.SCH) — 3KB
- nee-20241230_def.xml (EX-101.DEF) — 18KB
- nee-20241230_lab.xml (EX-101.LAB) — 32KB
- nee-20241230_pre.xml (EX-101.PRE) — 18KB
- nee-20241230_htm.xml (XML) — 6KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On December 30, 2024, Florida Power & Light Company (FPL), a wholly owned subsidiary of NextEra Energy, Inc. (NextEra Energy), notified the Florida Public Service Commission (FPSC) regarding its intent to initiate a base rate proceeding in early 2025. A copy of the notification letter is attached as Exhibit 99, which is incorporated herein by reference. SECTION 8 - OTHER EVENTS
01 Other Events
Item 8.01 Other Events On December 30, 2024, FPL filed a formal notification with the FPSC indicating its intent to initiate a base rate proceeding by submitting a four-year rate plan that would begin in January 2026 replacing the current base rate settlement agreement that has been in place since 2022. The notification states that, based on preliminary estimates, FPL expects to request a general base annual revenue requirement increase of approximately $1.55 billion effective January 2026 and a subsequent annual increase of approximately $930 million effective January 2027. The plan is also expected to request authority for a Solar and Battery Base Rate Adjustment (SoBRA) mechanism to recover, subject to FPSC review, the costs of building and operating additional solar and battery projects in 2028 and 2029. In addition, FPL expects to propose an allowed regulatory return on common equity midpoint of 11.9 percent and to incorporate the continued application of FPL's longstanding equity ratio approved in prior base rate cases. FPL expects to file its formal request to initiate a base rate proceeding on or around February 28, 2025. Cautionary Statements and Risk Factors That May Affect Future Results This Form 8-K contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of NextEra Energy, Inc. (NextEra Energy) and Florida Power & Light Company (FPL) regarding future operating results and other future events, many of which, by their nature, are inherently uncertain and outside of NextEra Energy's and FPL's control. Forward-looking statements include, among others, statements concerning FPL's plans for requesting new base rates. In some cases, you can identify the forward-looking statements by words or phrases such as "will," "may result," "expect," "anticipate," "be
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit 99 is being furnished pursuant to Item 7.01 herein. Exhibit Number Description NextEra Energy, Inc. Florida Power & Light Company 99 Florida Power & Light Company notification letter dated December 30 , 202 4 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 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. Date: December 30, 2024 NEXTERA ENERGY, INC. (Registrant) JAMES M. MAY James M. May Vice President, Controller and Chief Accounting Officer FLORIDA POWER & LIGHT COMPANY (Registrant) KEITH FERGUSON Keith Ferguson Vice President, Accounting and Controller 4