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NextEra Energy ranked No. 1 in its industry on Fortune's list of 'World's Most Admired Companies'
NEENextEra Energy(NEE) Prnewswire·2025-01-30 21:43

Core Insights - NextEra Energy, Inc. has been recognized as the No. 1 company in the electric and gas utilities industry on Fortune's 2025 list of the "World's Most Admired Companies," marking the 17th time in 19 years the company has received this honor [1][2] Company Performance - NextEra Energy generated more electricity and invested more in energy infrastructure than any other company in the past year [1] - The company owns Florida Power & Light Company, which serves over 6 million customer accounts, translating to approximately 12 million people in Florida [3] - NextEra Energy has invested over 150billioninenergyinfrastructureoverthelastdecade,includingupgradestonuclearplantsandthedevelopmentofnaturalgaspipelinesandrenewableenergyprojects[4]EconomicImpactThecompanyhaspaidnearly150 billion in energy infrastructure over the last decade, including upgrades to nuclear plants and the development of natural gas pipelines and renewable energy projects [4] Economic Impact - The company has paid nearly 8 billion in annual property taxes and over 1.6billioninannuallandpayments,contributingsignificantlytoruralcommunities[4]NextEraEnergyoperatesin49statesandemploysmorethan16,000individuals[4]EnergyCapacityandInnovationNextEraEnergyisthelargestgeneratorofrenewableenergyintheU.S.andhasthelargestnaturalgasfleet,aswellasbeingoneofthelargestnucleargeneratorsglobally[4][5]Inthepreviousyear,thecompanyplacedapproximately8.7gigawatts(GW)ofnewrenewableandstorageprojectsintoserviceandplanstoinvestaround1.6 billion in annual land payments, contributing significantly to rural communities [4] - NextEra Energy operates in 49 states and employs more than 16,000 individuals [4] Energy Capacity and Innovation - NextEra Energy is the largest generator of renewable energy in the U.S. and has the largest natural gas fleet, as well as being one of the largest nuclear generators globally [4][5] - In the previous year, the company placed approximately 8.7 gigawatts (GW) of new renewable and storage projects into service and plans to invest around 120 billion over the next four years to expand its fleet to roughly 121 GW [4] Operational Excellence - The company boasts one of the lowest electricity bills in the U.S., more than 30% below the national average, and its smart grid technology helped avoid 2.7 million outages in 2024 [4] - NextEra Energy's non-fuel operations and maintenance costs are 50% better than the second-best in its peer group, saving customers over $24 monthly on a typical 1,000-kilowatt-hour residential bill [4] Strategic Initiatives - NextEra Energy has announced a framework agreement with GE Vernova to develop natural gas generation projects paired with renewable energy and storage, enhancing integrated power solutions for customers [4] - The company is also evaluating the recommissioning of Iowa's Duane Arnold Energy Center, with potential operations resuming by the end of 2028 [4]