Operating Expenses
Taxes other than income taxes
Nextra Energy Taxes other than income taxes increased by 6.1% to $628.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $594.00M to $628.00M. Over 4 years (FY 2021 to FY 2025), Taxes other than income taxes shows an upward trend with a 8.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase often signals higher property valuations or changes in local tax legislation, which may be passed on to ratepayers.
Detailed definition
This category includes taxes levied on the utility that are not based on net income, such as property taxes, franchise t...
Peer comparison
Standard line item for regulated utilities subject to local and state tax jurisdictions.
Metric ID:
nee_taxes_other_than_income_taxesHistorical Data
20 periods
| 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 | $460.00M | $481.00M | $433.00M | $478.00M | $511.00M | $581.00M | $505.00M | $516.00M | $576.00M | $636.00M | $538.00M | $549.00M | $568.00M | $602.00M | $557.00M | $594.00M | $630.00M | $653.00M | $592.00M | $628.00M |
| QoQ Change | — | +4.6% | -10.0% | +10.4% | +6.9% | +13.7% | -13.1% | +2.2% | +11.6% | +10.4% | -15.4% | +2.0% | +3.5% | +6.0% | -7.5% | +6.6% | +6.1% | +3.7% | -9.3% | +6.1% |
| YoY Change | — | — | — | — | +11.1% | +20.8% | +16.6% | +7.9% | +12.7% | +9.5% | +6.5% | +6.4% | -1.4% | -5.3% | +3.5% | +8.2% | +10.9% | +8.5% | +6.3% | +5.7% |
Range$433.00M – $653.00M
CAGR+6.8%
Avg YoY Growth+8.0%
Median YoY Growth+8.1%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|
| Florida Power & Light Company | $475.00M | $523.00M | $547.00M | $506.00M |
| NEER Segment | $119.00M | — | — | — |
| Total | $594.00M | $630.00M | $653.00M | $628.00M |
Taxes other than income taxes at Other Companies
Frequently Asked Questions
- What is Nextra Energy's taxes other than income taxes?
- Nextra Energy (NEE) reported taxes other than income taxes of $628.00M in Q1 2026.
- How has Nextra Energy's taxes other than income taxes changed year-over-year?
- Nextra Energy's taxes other than income taxes increased by 5.7% year-over-year, from $594.00M to $628.00M.
- What is the long-term trend for Nextra Energy's taxes other than income taxes?
- Over 4 years (2021 to 2025), Nextra Energy's taxes other than income taxes has grown at a 8.2% compound annual growth rate (CAGR), from $1.80B to $2.47B.
- What does taxes other than income taxes mean?
- Taxes paid by the company that are not based on its profit, such as property or franchise taxes.