Market News

NextEra (NYSE:NEE) Unit Plans to Refund $400M to Customers in Tax Savings

NextEra’s (NYSE:NEE) Florida Power & Light (FPL) unit is planning to refund $400 million in savings to about 5.8 million customers.

The savings are a result of production tax credits on the large-scale solar energy centers the company is setting up in Florida.

FPL is planning $25 million in a one-time refund in January next year and the remaining savings will be phased in over solar projects in the future between 2023 and 2025.

Read full Disclosure

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos