Nextra Energy Florida Power & Light Company — Electric utility plant and other property – net increased by 2.9% to $84.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $77.43B to $84.12B. This is a positive signal — higher values indicate stronger performance for this metric.
An increase typically reflects ongoing investment in the rate base, which supports future earnings growth in a regulated environment.
This represents the book value of the utility's physical assets, such as power plants, transmission lines, and distribut...
Standard 'Net Property, Plant, and Equipment' (PP&E) metric used by all capital-intensive utility companies.
nee_segment_fpl_electric_utility_plant_and_other_property_net| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $58.23B | $64.69B | $70.61B | $76.17B | $77.43B | $78.89B | $80.52B | $81.76B | $84.12B |
| QoQ Change | — | +11.1% | +9.1% | +7.9% | +1.7% | +1.9% | +2.1% | +1.5% | +2.9% |
| YoY Change | — | +11.1% | +9.1% | +7.9% | — | — | — | +7.3% | +8.6% |