The company's estimated capital expenditures for the remainder of 2025 through 2029 are significant, totaling $47.490 billion for FPL and $25.130 billion for NEER. These commitments highlight the company's ongoing investments in infrastructure and growth initiatives.

FPL filed a petition with the FPSC requesting approval of a four-year base rate plan that would begin in January 2026. This indicates a strategy to increase revenue through rate adjustments.

NEE is investing in new wind and solar projects. The company is planning to build and operate an additional 1,490 MW of solar and 596 MW of battery storage projects in 2028 and 1,788 MW of solar and 596 MW of battery storage projects in 2029.

NEE and FPL's chief executive officer and chief financial officer concluded that the company's disclosure controls and procedures were effective as of March 31, 2025. This indicates that management is effectively monitoring and reporting financial information.

NEER recognized an impairment charge related to the investment in XPLR, indicating a potential misjudgment in investment strategy or unforeseen challenges with the investment. The equity method investment with a carrying amount of approximately $1.7 billion was written down to its estimated fair value of $1.0 billion, resulting in an impairment charge of $0.7 billion ($0.5 billion after tax)

Investments in plant in service and other property grew FPL's average rate base by approximately $5.3 billion for the three months ended March 31, 2025 when compared to the same period in the prior year, reflecting, among other things, solar generation additions and ongoing transmission and distribution additions. This indicates continued investment in infrastructure.

The filing states that there have been no material changes from the risk factors disclosed in the 2024 Form 10-K. However, it also states that risks described in the 2024 Form 10-K are not the only risks facing NEE and FPL. Additional risks and uncertainties not currently known to NEE or FPL, or that are currently deemed to be immaterial, also may materially adversely affect NEE's or FPL's business, financial condition, results of operations and prospects.

The company acknowledges that tariffs and supply chain disruptions could significantly increase costs in future periods if NEE is unable to mitigate the impacts of tariffs that remain in effect. This highlights the ongoing risk associated with international trade and supply chain management.

The company acknowledges that there have been reports of various members of the U.S. Congress advancing or preparing to propose federal legislation that could impact NEE and FPL, including legislation that could adversely change existing tax laws that are beneficial to NEE and FPL or further impact international trade.

The filing states that FPL serves more than six million customer accounts in Florida and is one of the largest electric utilities in the U.S. This highlights FPL's strong market position and scale.

The filing states that NEER, together with affiliated entities, is the world's largest generator of renewable energy from the wind and sun based on 2024 MWh produced on a net generation basis. This highlights NEER's leadership position in the renewable energy sector.

FPL earned an approximately 11.60% regulatory ROE on its retail rate base, based on a trailing thirteen-month average retail rate base as of March 31, 2025. This indicates a strong competitive position in the regulated market.

FPL's operating revenues increased $163 million primarily reflecting an increase in storm cost recovery revenues of approximately $118 million and an increase of 1.8% in the average number of customer accounts. This highlights the importance of effective cost recovery mechanisms and customer acquisition.

FPL's fuel, purchased power and interchange expense decreased $98 million primarily reflecting lower amortization of deferred fuel costs as compared to the prior year period. This indicates improved fuel management or favorable market conditions.

FPL's depreciation and amortization expense increased $105 million primarily reflecting approximately $118 million of higher amortization of deferred storm cost expenses. This highlights the impact of storm-related costs on FPL's operations.

NEE is investing in new wind and solar projects. The company is planning to build and operate an additional 1,490 MW of solar and 596 MW of battery storage projects in 2028 and 1,788 MW of solar and 596 MW of battery storage projects in 2029.

Investments in plant in service and other property grew FPL's average rate base by approximately $5.3 billion for the three months ended March 31, 2025 when compared to the same period in the prior year, reflecting, among other things, solar generation additions. This indicates a focus on renewable energy technologies.

NEE is investing in new wind and solar projects. The company is planning to build and operate an additional 1,490 MW of solar and 596 MW of battery storage projects in 2028 and 1,788 MW of solar and 596 MW of battery storage projects in 2029.

The company's estimated capital expenditures for the remainder of 2025 through 2029 are significant, totaling $47.490 billion for FPL and $25.130 billion for NEER. These commitments highlight the company's ongoing investments in infrastructure and growth initiatives.

NEE continues share repurchase program. The company purchased 354,778 shares of common stock during the three months ended March 31, 2025.

FPL filed a petition with the FPSC requesting approval of a four-year base rate plan that would begin in January 2026. This indicates a strategy to increase revenue through rate adjustments.

The filing states that NEER, together with affiliated entities, is the world's largest generator of renewable energy from the wind and sun based on 2024 MWh produced on a net generation basis. This highlights NEER's leadership position in the renewable energy sector.

Investments in plant in service and other property grew FPL's average rate base by approximately $5.3 billion for the three months ended March 31, 2025 when compared to the same period in the prior year, reflecting, among other things, solar generation additions. This indicates a focus on renewable energy technologies.

NEE is investing in new wind and solar projects. The company is planning to build and operate an additional 1,490 MW of solar and 596 MW of battery storage projects in 2028 and 1,788 MW of solar and 596 MW of battery storage projects in 2029.

An appeal of the FPSC's supplemental final order regarding FPL's 2021 rate agreement remains pending before the Florida Supreme Court. The outcome of this appeal could impact FPL's future financial performance.

FPL filed a petition with the FPSC requesting approval of a four-year base rate plan that would begin in January 2026. This indicates a strategy to increase revenue through rate adjustments.

The company acknowledges that there have been reports of various members of the U.S. Congress advancing or preparing to propose federal legislation that could impact NEE and FPL, including legislation that could adversely change existing tax laws that are beneficial to NEE and FPL or further impact international trade.