Fuel and purchased power
Nextra Energy Fuel and purchased power increased by 13.3% to $1.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $1.17B to $1.33B. Over 4 years (FY 2021 to FY 2025), Fuel and purchased power shows relatively stable performance with a 2.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Lower costs relative to revenue suggest improved operational efficiency or favorable commodity pricing, while higher costs may indicate rising fuel prices or supply constraints.
Detailed definition
This represents the direct costs incurred by an energy utility to procure fuel for power generation and to purchase elec...
Peer comparison
Common in utility and energy sectors; peers often categorize this under Cost of Goods Sold or Fuel and Purchased Power.
fuel_and_purchased_powerHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.10B | $1.38B | $1.13B | $1.37B | $1.59B | $1.93B | $1.50B | $1.37B | $1.36B | $1.55B | $1.18B | $1.21B | $1.28B | $1.45B | $1.09B | $1.17B | $1.18B | $1.42B | $1.17B | $1.33B |
| QoQ Change | — | +25.4% | -18.0% | +20.5% | +16.3% | +21.6% | -22.3% | -8.9% | -0.6% | +14.3% | -24.3% | +2.5% | +6.1% | +13.4% | -24.7% | +6.7% | +1.6% | +20.2% | -17.6% | +13.3% |
| YoY Change | — | — | — | — | +44.1% | +39.8% | +32.4% | +0.1% | -14.5% | -19.6% | -21.6% | -11.8% | -5.8% | -6.6% | -7.2% | -3.4% | -7.5% | -1.9% | +7.4% | +14.1% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|
| Florida Power & Light Company | $936.00M | $946.00M | $1.12B | $992.00M |
| NEER Segment | $229.00M | — | — | — |
| Total | $1.17B | $1.18B | $1.42B | $1.33B |
Fuel and purchased power at Other Companies
Frequently Asked Questions
- What is Nextra Energy's fuel and purchased power?
- Nextra Energy (NEE) reported fuel and purchased power of $1.33B in Q1 2026.
- How has Nextra Energy's fuel and purchased power changed year-over-year?
- Nextra Energy's fuel and purchased power increased by 14.1% year-over-year, from $1.17B to $1.33B.
- What is the long-term trend for Nextra Energy's fuel and purchased power?
- Over 4 years (2021 to 2025), Nextra Energy's fuel and purchased power has grown at a 2.2% compound annual growth rate (CAGR), from $4.53B to $4.95B.
- What does fuel and purchased power mean?
- The cost of fuel and electricity bought from others to meet customer demand.