Item 7.01 Regulation FD Disclosure

On January 11, 2021, Florida Power & Light Company (FPL), a wholly owned subsidiary of NextEra Energy, Inc. (NextEra Energy), issued a news release regarding its intent to initiate a base rate proceeding in March 2021. A copy of the news release is attached as Exhibit 99, which is incorporated herein by reference.




Item 8.01 Other Events

On January 11, 2021, FPL filed a formal notification with the Florida Public
Service Commission (FPSC) indicating its intent to initiate a base rate
proceeding by submitting a four-year rate plan that would begin in January 2022
replacing the current base rate settlement agreement that has been in place
since 2017. As Gulf Power Company legally merged with FPL on January 1, 2021,
the notification indicates that the plan will include the total revenue
requirements of the combined utility system, reflecting the legal and
operational consolidation of Gulf Power Company into FPL. The notification also
states that, based on preliminary estimates, FPL expects to request a general
base annual revenue requirement increase of approximately $1.1 billion effective
January 2022 and a subsequent annual increase of approximately $615 million
effective January 2023. The plan is also expected to request authority for a
Solar Base Rate Adjustment (SoBRA) mechanism to recover, subject to FPSC review,
the revenue requirements of up to 900 megawatts (MW) of solar projects in 2024
and up to 900 MW in 2025. Under the filing, FPL does not expect to request
further adjustments to general base annual revenue requirements to be effective
before January 2026. If the full amount of new solar capacity allowed under the
proposed SoBRA mechanism were constructed, FPL's preliminary estimate is that it
would result in base rate adjustments of approximately $140 million in 2024 and
$140 million in 2025. The proposed SoBRA mechanism adjustments would be offset,
in part, by a reduction in FPL's fuel costs. In addition, FPL expects to propose
an allowed regulatory return on common equity midpoint of 11.50 percent, which
includes a 50 basis point performance incentive. FPL expects to file its formal
request to initiate a base rate proceeding in March 2021.


     Cautionary Statements and Risk Factors That May Affect Future Results

This Form 8-K contains "forward-looking statements" within the meaning of the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are not statements of historical facts, but instead
represent the current expectations of NextEra Energy, Inc. (NextEra Energy) and
FPL regarding future operating results and other future events, many of which,
by their nature, are inherently uncertain and outside of NextEra Energy's and
FPL's control. Forward-looking statements include, among others, statements
concerning FPL's plans for requesting new base rates. In some cases, you can
identify the forward-looking statements by words or phrases such as "will," "may
result," "expect," "anticipate," "believe," "intend," "plan," "seek,"
"potential," "projection," "forecast," "predict," "goals," "target," "outlook,"
"should," "would" or similar words or expressions. You should not place undue
reliance on these forward-looking statements, which are not a guarantee of
future performance. The future results of NextEra Energy and FPL and their
business and financial condition are subject to risks and uncertainties that
could cause their actual results to differ materially from those expressed or
implied in the forward-looking statements, or may require them to limit or
eliminate certain operations. These risks and uncertainties include, but are not
limited to, the following: effects of extensive regulation of NextEra Energy's
and FPL's business operations; inability of NextEra Energy and FPL to recover in
a timely manner any significant amount of costs, a return on certain assets or a
reasonable return on invested capital through base rates, cost recovery clauses,
other regulatory mechanisms or otherwise; impact of political, regulatory and
economic factors on regulatory decisions important to NextEra Energy and FPL;
disallowance of cost recovery by FPL based on a finding of imprudent use of
derivative instruments; effect of any reductions or modifications to, or
elimination of, governmental incentives or policies that support utility scale
renewable energy projects of NextEra Energy Resources, LLC and its affiliated
entities (NextEra Energy Resources) or the imposition of additional tax laws,
policies or assessments on renewable energy; impact of new or revised laws,
regulations, interpretations or ballot or regulatory initiatives on NextEra
Energy and FPL; capital expenditures, increased operating costs and various
liabilities attributable to environmental laws, regulations and other standards
applicable to NextEra Energy and FPL; effects on NextEra Energy and FPL of
federal or state laws or regulations mandating new or additional limits on the
production of greenhouse gas emissions; exposure of NextEra Energy and FPL to
significant and increasing compliance costs and substantial monetary penalties
and other sanctions as a result of extensive federal regulation of their
operations and businesses; effect on NextEra Energy and FPL of changes in tax
laws, guidance or policies as well as in judgments and estimates used to
determine tax-related asset and liability amounts; impact on NextEra Energy and
FPL of adverse results of litigation; effect on NextEra Energy and FPL of
failure to proceed with projects under development or inability to complete the
construction of (or capital improvements to) electric generation, transmission
and distribution facilities, gas infrastructure facilities or other facilities
on schedule or within budget; impact on development and operating activities of
NextEra Energy and FPL resulting from risks related to project siting,
financing, construction, permitting, governmental approvals and the negotiation
of project development agreements; risks involved in the operation and
maintenance of electric generation, transmission and distribution facilities,
gas infrastructure facilities, retail gas distribution system in Florida and
other facilities; effect on NextEra Energy and FPL of a lack of growth or slower
growth in the number of
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customers or in customer usage; impact on NextEra Energy and FPL of severe
weather and other weather conditions; threats of terrorism and catastrophic
events that could result from terrorism, cyberattacks or other attempts to
disrupt NextEra Energy's and FPL's business or the businesses of third parties;
inability to obtain adequate insurance coverage for protection of NextEra Energy
and FPL against significant losses and risk that insurance coverage does not
provide protection against all significant losses; a prolonged period of low gas
and oil prices could impact NextEra Energy Resources' gas infrastructure
business and cause NextEra Energy Resources to delay or cancel certain gas
infrastructure projects and could result in certain projects becoming impaired;
risk to NextEra Energy Resources of increased operating costs resulting from
unfavorable supply costs necessary to provide NextEra Energy Resources' full
energy and capacity requirement services; inability or failure by NextEra Energy
Resources to manage properly or hedge effectively the commodity risk within its
portfolio; effect of reductions in the liquidity of energy markets on NextEra
Energy's ability to manage operational risks; effectiveness of NextEra Energy's
and FPL's risk management tools associated with their hedging and trading
procedures to protect against significant losses, including the effect of
unforeseen price variances from historical behavior; impact of unavailability or
disruption of power transmission or commodity transportation facilities on sale
and delivery of power or natural gas by NextEra Energy, including FPL; exposure
of NextEra Energy and FPL to credit and performance risk from customers, hedging
counterparties and vendors; failure of NextEra Energy or FPL counterparties to
perform under derivative contracts or of requirement for NextEra Energy or FPL
to post margin cash collateral under derivative contracts; failure or breach of
NextEra Energy's or FPL's information technology systems; risks to NextEra
Energy and FPL's retail businesses from compromise of sensitive customer data;
losses from volatility in the market values of derivative instruments and
limited liquidity in OTC markets; impact of negative publicity; inability of
NextEra Energy and FPL to maintain, negotiate or renegotiate acceptable
franchise agreements with municipalities and counties in Florida; occurrence of
work strikes or stoppages and increasing personnel costs; NextEra Energy's
ability to successfully identify, complete and integrate acquisitions, including
the effect of increased competition for acquisitions; environmental, health and
financial risks associated with NextEra Energy Resources' and FPL's ownership
and operation of nuclear generation facilities; liability of NextEra Energy and
FPL for significant retrospective assessments and/or retrospective insurance
premiums in the event of an incident at certain nuclear generation facilities;
increased operating and capital expenditures and/or reduced revenues at nuclear
generation facilities of NextEra Energy or FPL resulting from orders or new
regulations of the Nuclear Regulatory Commission; inability to operate any of
NextEra Energy Resources' or FPL's owned nuclear generation units through the
end of their respective operating licenses; effect of disruptions, uncertainty
or volatility in the credit and capital markets or actions by third parties in
connection with project-specific or other financing arrangements on NextEra
Energy's and FPL's ability to fund their liquidity and capital needs and meet
their growth objectives; inability of NextEra Energy, FPL and NextEra Energy
Capital Holdings, Inc. to maintain their current credit ratings; impairment of
NextEra Energy's and FPL's liquidity from inability of credit providers to fund
their credit commitments or to maintain their current credit ratings; poor
market performance and other economic factors that could affect NextEra Energy's
defined benefit pension plan's funded status; poor market performance and other
risks to the asset values of NextEra Energy's and FPL's nuclear decommissioning
funds; changes in market value and other risks to certain of NextEra Energy's
investments; effect of inability of NextEra Energy subsidiaries to pay upstream
dividends or repay funds to NextEra Energy or of NextEra Energy's performance
under guarantees of subsidiary obligations on NextEra Energy's ability to meet
its financial obligations and to pay dividends on its common stock; the fact
that the amount and timing of dividends payable on NextEra Energy's common
stock, as well as the dividend policy approved by NextEra Energy's board of
directors from time to time, and changes to that policy, are within the sole
discretion of NextEra Energy's board of directors and, if declared and paid,
dividends may be in amounts that are less than might be expected by
shareholders; NEP's inability to access sources of capital on commercially
reasonable terms could have an effect on its ability to consummate future
acquisitions and on the value of NextEra Energy's limited partner interest in
NextEra Energy Operating Partners, LP; effects of disruptions, uncertainty or
volatility in the credit and capital markets on the market price of NextEra
Energy's common stock; and the ultimate severity and duration of the coronavirus
pandemic and its effects on NextEra Energy's or FPL's businesses. NextEra Energy
and FPL discuss these and other risks and uncertainties in their annual report
on Form 10-K for the year ended December 31, 2019 and other SEC filings, and
this Form 8-K should be read in conjunction with such SEC filings. The
forward-looking statements made in this Form 8-K are made only as of the date of
this Form 8-K and NextEra Energy and FPL undertake no obligation to update any
forward-looking statements.
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Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit 99 is being furnished pursuant to Item 7.01 herein.


   Exhibit                                                                                                           Florida Power &
   Number                                   Description                                NextEra Energy, Inc.           Light Company
     99               Florida Power & Light Company News Release dated January                   X                          X
                    11, 2021
     101            Interactive data files for this Form 8-K formatted in                        X                          X
                    Inline XBRL
     104            Cover Page Interactive Data File (formatted as Inline XBRL                   X                          X
                    and contained in Exhibit 101)


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