NextEra Energy



NextEra Energy, formerly Florida Power and Light, is a Florida-based utility company with operations in Canada and the U.S. Despite being sometimes described as the “greenest energy giant” in the U.S., it generates almost three quarters of its power from natural gas and nuclear. It has used dirty tricks to stop Florida residents from installing rooftop solar in order to preserve its monopoly on electricity in the state. The tricks included coordinating “ghost” candidates during elections, spying on a journalist and taking over a local newspaper, according to leaked documents obtained by Floodlight and the Orlando Sentinel in 2022. 

NextEra is also one of the owners of the Mountain Valley Pipeline, a 300 mile (483 kilometer) natural gas pipeline that stretches from northwestern West Virginia to southern Virginia. The pipeline would cut through the homes of low-income, Black, and Indigenous people, turning their land into a “sacrifice zone”, which is why they have strongly resisted the project. Construction on the pipeline began in 2018 but has faced legal hurdles due to its environmental impacts, including facing over 450 water-quality-related violations in Virginia and West Virginia.


Electricity, energy development, coal, natural gas, nuclear, oil, solar, wind, landfill gas.

NextEra Energy was profiled as part of the report "Green" Multinationals Exposed: How the Energy Transition is Being Hijacked by Corporate Interests.


competition-related offenses$25,000,0001
environment-related offenses$2,594,1029
employment-related offenses$2,312,1114
safety-related offenses$420,9258
consumer-protection-related offenses$106,0004

(November 6, 2023)

Number of Records
Total Penalties
US$30,433,138 (November 6, 2023)
Information in this section is drawn from the Violation Tracker database produced by the Corporate Research Project of Good Jobs First in Washington DC. It is the most comprehensive source of data on business violations of laws and regulations in the United States. For specific examples of misconduct, please click on the links.


Videos & Podcasts
DeSantis Corruption Scandal: Why Energy Bills Are Skyrocketing in Florida
Residents protest rising FPL electric bills


OSHA Opens Investigation Into FPL Worker Electrocution Death
Franklin County landowner speaks out after lawsuit filed against Mountain Valley Pipeline
Mountain Valley Pipeline: 50 Violations to Water Quality Standards
Mountain Valley Pipeline: A Threat to Our Trail, Our Water, and Our Jobs
Appalachians Protest Manchin's Mountain Valley Pipeline Plan; Sanders Decries "Disastrous Side Deal"
Why the Mountain Valley Pipeline is Problematic
CorpWatch Stories
Matrix LLC – the Shadowy Firm That Helps NextEra Energy and Southern Company Fight Environmentalists

Pratap Chatterjee | CorpWatch | August 11, 2022

Two of the biggest U.S. energy utilities - NextEra and Southern Company – have been using Matrix LLC, a secretive political consulting firm in Montgomery, Alabama, to fight regulators and progressive politicians in states like Alabama, Florida, Georgia, Louisiana, Mississippi and Virginia, according to a slew of leaked internal memos.

Other Key Sources


Recent & Ongoing Campaigns
Three arrested in Elliston Mountain Valley Pipeline protest

Kaitlyn Dillon | WDBJ7 | October 17, 2023

Three protestors were arrested after attaching themselves to Mountain Valley Pipeline (MVP) equipment on Monday.

Protestors from across the U.S. come to the Capitol to resist sacrifice zones

Kylie Bill | The Eagle Online | September 19, 2022

Following the proposal of the Mountain Valley Pipeline by Sen. Joe Manchin, sacrifice zone communities come together to relay the message that they won’t back down.

A win for Florida ratepayers as Florida Power & Light withdraws extreme proposal

Allison Kvien | Vote Solar | July 19, 2022

Last Monday evening, after significant public pressure and before the PSC could open a formal hearing process, we learned that FPL filed to voluntarily withdraw the section of its plan focused on surges for electricity demand in winter.

Florida's Youth Letter to FPL: We Need to Talk!

The Cleo Institute | May 9, 2022

The letter, published on May 9th, 2022 in the Miami Herald, is an invitation to FPL, its board members, shareholders, and its parent company, Next Era, to embrace Climate Solutions as soon as possible. FPL needs to stop its greenwashing ads and embrace clean renewable technologies...

A National Rally to Stop the Mountain Valley Pipeline

Protect Our Water, Heritage, Rights (POWHR) | April 7, 2022

An expansive movement of landowners, Indigenous water protectors, Black leaders, and climate activists are mobilizing to ensure the Mountain Valley Pipeline is stopped. On Thursday, April 7, hundreds will gather on Zoom for ‘We Believe We Will Win: A Rally to Stop the Mountain Valley Pipeline,’...

Customers protest rate hikes outside FPL building in downtown Pensacola

Lauren Krakau | WEAR-TV | February 19, 2022

Dozens of residents from across the area gathered in front of FPL's building on Bayfront Parkway waving signs. They say they want to let the power company know they won't stand for what they call excessive increases in their power bills.

'Is this really green?' The fight over solar farms in the Mojave Desert

Meg Bernhard | Yahoo | November 3, 2021

When some people look at the Mojave Desert, they see a vast expanse of nothing. But Shannon Salter sees ancient Mojave yuccas and wispy creosote bushes, shrewd kangaroo rats and slender foxes, all living atop a hard-packed crust of rock and lichen formed over thousands of years.

Protesters arrested after rally against Mountain Valley Pipeline in Elliston

Pat Thomas | WDBJ7 | August 9, 2021

According to Appalachians Against Pipelines, ten people locked themselves to equipment in the Cove Hollow Road area to protect such things as fish and birds the group says are native species threatened by the MVP. All ten have been removed and arrested, and released from jail.

Charges against Mountain Valley Pipeline tree sitters dismissed

WRIC | November 16, 2018

Charges have been dropped against a mother and daughter who lived in trees for over a month to save them from being cut down for a natural gas pipeline.

Protest to Vero Beach-FLP electric deal gets state hearing Tuesday in Tallahassee

Colleen Wixon | Treasure Coast Newspapers | October 5, 2018

But the expected Oct. 1 closing of FPL's $185 million purchase of the city electric system has come and gone, delayed by four protests to the state Public Service Commission.

NextEra Energy reaches labor deal at Seabrook

Max Sullivan | Seacoast Online | December 8, 2016

NextEra Energy Seabrook reached an agreement with a labor union representing Seabrook Station nuclear power plant employees last week, averting an impending lock-out.

Rush Hour Rally at FPL HQ to Stop Sabal Trail Pipeline

WWALS Watershed Coalition | October 14, 2016

The headquarters of FPL, whose ratepayers are on the hook for $3 billion for the Transco → Sabal Trail → FSC fracked methane pipeline boondoggle through Alabama, Georgia, and Florida, Sierra Club and Indian Riverkeeper are holding a Rush Hour Rally this Friday, October 14th 2016 in Juno Beach, Florida.

Major Investigations
& Lawsuits
Judges give go-ahead for class action against FPL in Irma outages

Jim Saunders | WLRN | March 22, 2023

An appeals court said Wednesday that Florida Power & Light can face a class-action lawsuit stemming from power outages in Hurricane Irma, which barreled up the state in 2017. A three-judge panel of the 3rd District Court of Appeal upheld a Miami-Dade County circuit judge’s decision that certified the lawsuit as a class action.

Mountain Valley Pipeline Gets a Key Approval to Restart Construction

Pipeline & Gas Journal | March 3, 2023

Patrick Grenter, the Beyond Dirty Fuels campaign director for the Sierra Club, which is involved in ongoing litigation challenging the project's approvals, said in a statement that the biological opinion was "hasty" and ignored concerns for endangered species.

As comment deadlines come to a close, more than 40,000 voice opposition to new Mountain Valley Pipeline federal permits

Appalachian Voices | February 24, 2023

In response to the U.S. Forest Service’s intention to break 11 of its own rules for the controversial Mountain Valley Pipeline, over 30,000 individuals and organizations submitted their opposition to the agency’s plan ahead of a February 21 deadline.

Mountain Valley Pipeline’s Up-And-Down Legal Journey: Explained

Daniel Moore & Maya Earls | Bloomberg | January 26, 2022

For about seven years, the Mountain Valley Pipeline project has forged through a raft of legal challenges and regulatory hurdles that ultimately doomed several other projects in the region.

Leaked: US power companies secretly spending millions to protect profits and fight clean energy

Mario Alejandro Ariza, Miranda Green & Annie Martin | The Guardian | July 27, 2022

Matrix employees had a Jacksonville journalist spied on after he wrote critically about FPL. And in 2020, Matrix even harnessed the power of the press for itself, when its employees acquired control of The Capitolist, a Tallahassee-based political news site which it used for favorable coverage, leaked records show.

Lawsuit claims FPL 'manipulated' assets to get maximum profit on new rates

Jim Little | Pensacola News Journal | April 20, 2022

The Florida Public Service Commission approved a settlement agreement in October that allowed the new FPL rates to go into effect in January. The settlement is being contested in two separate actions before the Florida Supreme Court.

NRC fines FPL over falsified maintenance records at Turkey Point nuclear site

Rod Walton | Power Engineering | April 8, 2021

The U.S. Nuclear Regulatory Commission has proposed a $150,000 fine for Florida Power & Light after several of its employees falsified maintenance records at the Turkey Point nuclear power plant.

NextEra wins millionaire renewables lawsuit against Spain

Bilaterals | June 18, 2020

The US giant NextEra, the world’s largest electricity company by market capitalization, has been victorious in its long, multi-million dollar arbitration process against Spain regarding subsidies’ cuts which took place years ago.

Florida Supreme Court rejects FPL attempt to have customers pay for risky investment

Mary Ellen Klas | Tampa Bay Times | May 19, 2016

In a rebuke to Florida Power & Light, the Florida Supreme Court on Thursday ruled that state regulators exceeded their authority when they allowed the company to charge customers for its speculative investment into an Oklahoma-based fracking company.

FERC Approves Settlement, $25 Million Fine for FPL’s 2008 Blackout

NERC | October 8, 2009

The Federal Energy Regulatory Commission (FERC) today approved a $25 million civil penalty as part of a settlement with Florida Power & Light Co. (FPL) stemming from a February 2008 blackout that lost power for millions of consumers in South Florida for several hours.

Environmental Impacts
Mountain Valley Pipeline To Cross Jefferson National Forest

The Wilderness Society | December 22, 2022

The Mountain Valley Pipeline, which would stretch more than 300 miles through the Southeast United States, has already caused significant and devastating impacts to communities along its route, streams and water bodies, and the Jefferson National Forest.

The Inflation Reduction Act Is a Disappointing Act of Federal Greenwashing

Sophie Shepherd | Truthout | August 28, 2022

Both Schumer and Manchin have received major donations from the pipeline company that benefits from their deal: NextEra Energy. And, at the end of the day, this bill was designed to reduce inflation — not save the planet.

NextEra unit fined over eagle kills caused by wind turbine blades

John Engel | Renewable Energy World | June 4, 2022

In total, at least 150 golden eagles have died at ESI Energy wind farms since 2012, DOJ said; 136 bird deaths have been linked to wind turbine blade strikes. As part of the settlement announced on April 5, ESI Energy was fined $1.8 million and must pay $6.2 million in restitution.

The greenwashing of the Mountain Valley Pipeline

Willie Dodson & Jessica Sims | Appalachian Voices | July 16, 2021

Developers of the Mountain Valley Pipeline (MVP) are claiming they will offset a portion of the carbon emissions from the 303-mile, multi-state project by paying $150 million to … a coal company... Complicating the arrangement, the project agreement is with a subsidiary of MVP investor, NextEra Energy Resources, which would then be both the seller and the buyer of the carbon offsets.

America’s Greenest Energy Giant Isn’t Trying to Save the Planet

David R Baker, Gerson Freitas Jr & Ari Natter | Bloomberg | December 3, 2020

It spent millions to block homeowners from embracing solar panels, fought against hydropower, and pushed for an energy project next to a beloved national park. Its value competes with Exxon Mobil Corp.’s.

Mountain Valley Pipeline to pay $2.15M to settle Virginia environmental lawsuit

Paul J. Gough | Pittsburgh Business Times | October 15, 2019

It will also require MVP, which is owned by Equitrans Midstream Corp., to submit to environmental protection compliance.

FPL Wins Battle to Store Radioactive Waste Under Miami's Drinking Water Aquifer

Jerry Ianelli | Miami New Times | January 16, 2017

South Florida sits atop two gigantic underground stores of water: the Biscayne and Floridan Aquifers. Miamians get most of their drinking water from the upper Biscayne Aquifer, while the government has used the lower portion of the Floridan to dump waste and untreated sewage...

Environmental Groups Sue FPL Over Turkey Point Pollution in Biscayne Bay

Jerry Ianelli | Miami New Times | July 13, 2016

In March, state regulators announced that the Turkey Point nuclear power plant had been leaking dangerous saltwater into the Biscayne Bay, and possibly the Biscayne Aquifer, the county's largest source of drinking water, leaving local politicians aghast.

FPL kills endangered sea turtles while red tape delays pipe grate

Lucas Daprile | Treasure Coast Newspapers | May 6, 2016

St. Lucie nuclear power plant operations have sucked more than 4,100 protected sea turtles from the ocean — more than one a day, on average — in the near decade it's taken the federal government to approve a pipe grate expected to take two years to test and install, a Treasure Coast Newspapers investigation found.

Everglades Earth First vs. Florida Power and Light Power Plant

Scott Parkin | Rainforest Action Network | January 11, 2009

Seventeen Everglades Earth First! activists were arrested in an effort to re-open Barley Barber swamp for public use and immediate scientific monitoring. Expressing great concern for the impact Florida Power and Light has had on this landmark property, activists engaged in civil disobedience...

PSC bars coal-fired plant

Craig Pittman | Tampa Bay Times | June 6, 2007

Global warming concerns helped persuade the state Public Service Commission on Tuesday to reject a plan by Florida's largest utility to build a $5.7-billion coal-fired power plant near Everglades National Park.

PERI Pollution Indexes

Based on United States Environmental Protection Agency data ranking the top 100 worst polluters.

Employment Practices
& Relations
Subcontractor for FPL electrocuted while working on power lines in SW Miami-Dade

Marisela Burgos | 7 News Miami | January 4, 2023

The victim, who was in his 30s, was a subcontractor for Florida Power and Light, and was working on power lines that came into contact with his truck, setting it on fire.

Why Energy Bills Are Skyrocketing in Florida

Jordan Zakarin & Josh Hirschfeld-Kroen | More Perfect Union | September 19, 2022

Florida Power and Light, or FPL, is the biggest power company in the state, serving approximately 12 million people. FPL is also one of the biggest political spenders in the state, and that is how FPL has been able to gouge working class Floridians over $1.5 billion in rate increases over the next couple of years.

North Carolina tribes fear pipeline will damage waterways, burial grounds

Mark Armao | Grist | October 15, 2021

A fracking company wants to extend the Mountain Valley Pipeline into the lands of Indigenous people and predominantly Black communities.

NextEra is blocking a major new clean power transmission project

Will Wade | BNN Bloomberg | May 20, 2021

A major new transmission line intended to pipe carbon-free hydropower from Canada into the U.S. Northeast has met a powerful opponent: the world’s largest provider of renewable energy.

Don’t be fooled by FPL’s fake community solar

Ben Delman | Solar United Neighborhoods | March 17, 2020

Utilities use fake community solar programs to maintain their control over the energy system. True community solar enables individuals, businesses, or organizations to buy or lease a “share” in a specific, nearby solar installation.

Worker falls 35 feet at power plant in east Orange County

WESH 2 | November 12, 2019

A worker fell approximately 35-feet while taking down scaffolding at a power plant Tuesday morning in east Orange County, officials said. It happened around 8:45 a.m. in a section of the Stanton Energy Center on South Alafaya Trail that is operated by NextEra Energy, Orange County Fire Rescue Officials said.

United States: A worker is fired after raising a health and safety concern in power plant; Florida Power & Light is fined by federal authority

Business & Human Rights Resource Centre | September 18, 2018

One infraction involved FPL’s dismissal of a part-time employee of a third-party contractor at the St. Lucie Nuclear Plant after the worker raised a safety concern in 2017. The other violation occurred when a former vice president of FPL created a phony journal to justify the firing to the Nuclear Regulatory Commission.

After Spending $8 Million to Deceive Solar Voters, FPL Shamefully Hikes Rates by $811 Million

Jerry Iannelli | Miami New Times | November 29, 2016

It's been a straight-up shameful year for FPL: After spending most of 2016 wasting more than $8 million on a failed campaign designed to trick consumers into giving up their rights to solar panels, FPL is now patting itself on the back by hiking rates by $811 million dollars, despite already bringing in profits of more than $1.5 billion per year.It's been a straight-up shameful year for FPL: After spending most of 2016 wasting more than $8 million on a failed campaign designed to trick consumers into giving up their rights to solar panels, FPL is now patting itself on the back by hiking rates by $811 million dollars, despite already bringing in profits of more than $1.5 billion per year.

Customers at Daytona meeting protest FPL's proposed rate hike

Skyler Swisher | The Daytona Beach News-Journal | June 13, 2012

"They are making record profits when most people are taking pay cuts, and they are still asking for more," said Kosarek, who is a member of a political action committee working to establish a municipal utility system in South Daytona.

Employee Is Killed In Fall From Wind Tower

United States Department of Labor | August 23, 2011

On August 22, 2011, an employee and Coworker #1 were assigned to perform minor maintenance on wind tower number 4 at the Endeavor number 1 wind farm. The employees and Coworker #1 had performed all prework preparation and inspections of personal protective equipment.


Corporate Headquarters
700 Universe Blvd, Juno Beach, FL 33408
Most Recent Gross Revenue
US$20.956 billion (2022) | source
Most Recent Net Revenue
US$4.147 billion (2022) | source
Stock Exchange Tickers
Major Funders

BankTrack's profile of the Mountain Valley Pipeline.

Netherlands-based BankTrack tracks the involvement of commercial banks in financing business sectors and specific activities with a negative impact on people and planet.


Investigation: The great deception of 'green' investment funds

Adrien Sénécat | Le Monde | November 30, 2022

[BlackRock's "sustainable energy" investment fund's] three largest assets are heavyweights in the fossil fuel sector. The German energy company RWE AG, the American company Nextera Energy and the Italian company Enel SPA alone account for 16% of its assets, even though they produce around half of their electricity from coal, gas and oil.

Major Shareholders

Click here for the latest data.

Political Influence

Open Secrets - Tracks corporate lobbying of US politicians.

Open Secrets Logo Profile of NextEra Energy

Washington’s Biggest Clean Energy Lobbying Group Pushes Natural Gas-Friendly Policy

Marianne Lavelle | Inside Climate News | April 19, 2023

ACP is urging the Treasury Department and Internal Revenue Service to adopt lenient accounting rules on clean hydrogen that are supported by its big utility and gas industry members like utility giant NextEra Energy, and the oil and gas behemoth BP.

Debt Deal Gives Fossil Fuel Lobby A Legal Shield

Rebecca Burns, Julia Rock & Andrew Perez | The Lever | May 31, 2023

The language nestled into the agreement reached by the Biden administration and congressional Republicans last weekend came amid a flood of campaign cash from executives at NextEra Energy, one of the companies spearheading the pipeline, to Sen. Kyrsten Sinema (Ind.-Ariz.) and two other Democratic senators whose votes could be needed to pass the agreement.

As prices soar, fossil fuel industry looks after its interests on Beacon Hill

Jon Lamson | Dig Boston | February 28, 2023

As gas prices and heating costs skyrocket across Massachusetts, fossil fuel producers and providers are spending hundreds of thousands to promote their political agendas to state officials and lawmakers... NextEra, which functions as a supplier for electricity aggregation programs in 23 towns across the state, spent $155,000 on its own lobbying operation.

Florida Governor's Corporate Donors Face Criticism for Failure to Acknowledge Black History Month

Newsbreak | February 17, 2023

Florida Governor Ron DeSantis and his corporate donors are facing criticism over the handling of Black History Month. The state's largest utility, Florida Power & Light, and its parent company NextEra Energy, have come under fire for donating to DeSantis's reelection campaign while failing to acknowledge or honor Black History Month.

Top 10 lobbying spenders on energy, the environment

Timothy Cama | E&E News | January 27, 2023

The biggest climate bill in U.S. history helped fuel heavy lobbying from chemical, oil and electric utility companies.

How A Pipeline Bill Gets Greenwashed

Julia Rock, Andrew Perez & David Sirota | The Lever | September 23, 2022

A “clean power” group with ties to the fossil fuel industry is selling the Manchin-Schumer gas export bill as a climate victory... The most prominent example is an executive from the utility giant NextEra Energy, which is leading the Mountain Valley Pipeline — a project that would specifically be fast-tracked under the bill. The permitting measure was negotiated by coal baron Sen. Joe Manchin (D-W.Va.) and Senate Majority Leader Chuck Schumer (D-N.Y.), who have together raked in more than $340,000 in campaign contributions from NextEra since 2017.

Amid Connections to Ongoing Election Scandals, NextEra Pours Millions into Florida’s 2022 Election Cycle

Alissa Jean Schafer | Energy & Policy Institute | September 8, 2022

With two months until voters elect the next Florida Governor, NextEra Energy and its subsidiaries, Florida Power & Light and Florida City Gas, have poured nearly $6 million into state level campaign funds and political committees.

Florida Power & Light tied to dark money used to help Sen. Keith Perry win 2018 race

Andrew Caplan | The Gainesville Sun | August 14, 2022

Last week, the Miami Herald reported receiving a trove of documents, including emails, texts and financial records, showing that Florida Power and Light, one of the state’s largest utility providers, was behind a nonprofit that bankrolled $200,000 in dark money for former Gainesville city commissioner Charles Goston’s state Senate run.

Mystery of Florida's "ghost" candidates grows: Major energy company linked to GOP scheme

Jon Skolnik | Salon | December 11, 2021

Records reviewed by the Sentinel indicate that Florida Power & Light (FPL), the country's largest electricity company, helped coordinate three separate ghost candidates – one of whom was Rodríguez – in order to bolster its own business interests in the state legislature.

Energy Companies Spending Millions Lobbying Beacon Hill

Steve LeBlanc | GBH News | August 25, 2019

The company spending the most on lobbying in 2018 was NextEra Energy, which describes itself as the world's largest utility company and the largest producer of wind and solar energy. The company spent about $372,000 on lobbying which it said was related to "the production, transmission, distribution, sale and ancillary services associated with electricity."

Thanks To Lobbying, It's Illegal To Power Your Home With Solar Panels In Florida

Robin Andrews | IFL Science | September 18, 2017

As pointed out by the Miami New Times, Florida Power and Light (FPL) – a major supplier of electricity to the state – has invested heavily in lobbying state lawmakers to disallow residents from powering their own homes with rooftop solar power panels.

Sen. Frank Artiles updates his report to reflect nearly $2,000 in travel, food and expenses from FPL

Mary Ellen Klas | Miami Herald | March 14, 2017

Florida Power & Light's paid nearly $2,000 in flights, food and beverage for Sen. Frank Artiles to travel to Daytona Beach and Disney's Epcot theme park last month, an expense the senator reported late Monday on his political committee's web site only after questions by the Herald/Times.

Import & Export Data

ImportYeti - Shipping Tracking Tool - Bill of ladings are public information that are too cost prohibitive, challenging to obtain and difficult to use for the average joe. ImportYeti's goal is to solve that problem.

Subsidy Tracker
Subsidy Tracker
Subsidy Tracker is a project of Good Jobs First in Washington DC. It is the most comprehensive source of data on state and federal subsidies in the United States. For more details, click on the links.
Click here for details on subsidies received by NextEra Energy
Tax Havens
& Evasion
Massive Tax Return on Radioactive Waste Denied

Eva Fedderly | Courthouse News Service | June 29, 2018

The 11th Circuit shot down a novel request Thursday for NextEra Energy to get a tax refund on the $97 million it paid to dispose of nuclear waste.

FPL's Parent Company Didn't Pay Federal Tax for Eight Years, Got $313 Million in Credits

Jerry Ianelli | Miami New Times | April 24, 2017

Not that FPL is paying any of those record profits back to taxpayers. A study last month by the independent Institute on Taxation and Economic Policy found that FPL's parent company, NextEra Energy, did not pay federal income tax in the eight years from 2008 to 2015, and instead received a net credit of $313 million over that time frame.

Legalized Tax Fraud: How Top US Corporations Continue to Profit Through Offshore Tax Havens

United States Senate | February 18, 2015

NEXTERA ENERGY, INC. Effective federal income tax rate from 2008 through 2012: Less than zero. Received refunds of $178 million. Total federal income tax breaks from 2008 through 2012: $4.2 billion.

NextEra’s investments result in millions of dollars in tax breaks

Susan Salisbury | Palm Beach Post | May 24, 2013

Juno Beach-based NextEra Energy Inc. once again paid no federal income taxes in 2012. The company has done nothing illegal, but is using a tax loophole that allows it accelerated and bonus depreciation on infrastructure and equipment investments. It can write off the cost of infrastructure faster than it actually wears out.

Major Projects
Mountain Valley natural-gas pipeline moving forward, capacity may be limited

Scott DiSavino | Reuters | June 23, 2023

The $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia is on track to get final permits by Saturday, moving the long-delayed project closer to re-starting construction... Mountain Valley is owned by units of Equitrans, NextEra Energy Inc (NEE.N), Consolidated Edison Inc (ED.N), AltaGas Ltd (ALA.TO) and RGC Resources Inc (RGCO.O).

3 Permits Revoked in 2 Weeks in Latest Blow to Mountain Valley Pipeline

Penina Crocker | The Trek | February 10, 2022

A crucial U.S Fish and Wildlife permit needed to complete construction of the Mountain Valley Pipeline (MVP) has been invalidated by the U.S Court of Appeals for the Fourth Circuit in Richmond, VA.

NextEra withdraws offer for Santee Cooper. Embattled utility likely to remain state owned.

Avery G. Wilks | The Post and Courier | April 28, 2021

NextEra, the Florida-based power giant that has lobbied lawmakers for three years for a chance to take over Santee Cooper, sent a letter to the state this week pulling its multi-billion-dollar offer and asking for its $25 million deposit back.

Major FPL solar plan gets state approval

Jim Saunders | CBS 12 News | March 3, 2020

Under SolarTogether, customers will be able to voluntarily pay more on their electric bills to finance the solar projects and receive credits that are expected to result in them getting a “payback” in about seven years. But opponents contended the program would have costs and financial risks for the vast majority of customers who would not participate.

Florida Supreme Court Justices Back FPL Recouping Environmental Costs For Miami-Dade Project

CBS News | April 25, 2019

Justices sided with the Florida Public Service Commission, which in December 2017 approved a controversial FPL proposal stemming from a saltwater plume that moved from a power-plant complex into the Biscayne Aquifer. The commission said FPL could recoup money from customers through part of monthly bills that goes toward a variety of environmental expenses.

Molokai Joins Opposition to NextEra Merger

Molokai Dispatch | September 30, 2015

Molokai residents voiced largely opposition two weeks ago to a proposed merger between Hawaiian Electric and NextEra, a Florida-based energy company. The Public Utilities Commission (PUC) is gathering public feedback on the proposed $4.3 million merger and will make a decision within the next six months.

FPL's New Solar Energy Program: Just More Greenwashing?

Ryan Yousefi | Broward Palm Beach New Times | April 10, 2015

FPL made $10 billion in revenue last year, and $1.3 billion of that was profit, but it still has to charge people extra to develop solar on the side?

Appeals court denies request to block FPL plant

Aisling Swift | Naples News | January 24, 2013

A Florida appeals court on Wednesday denied a second attempt by the Seminole Tribe of Florida to quash a 2011 Hendry County ordinance that would enable FPL to build a massive power plant on 3,127 acres of panther habitat near its reservation.

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