Investor Presentaiton
FPL projects total capital deployment of $17.5 B to $19.0 B
from 2017 to 2020 through smart investments that result in
customer savings and enhanced reliability
Opportunity
2017/2018 Solar
2019/2020 Solar
FPL 2017-2020 Investment Initiatives
Status
Projected
Investment (1)
Completed construction on ~600
MW in Q1 2018
~$800 MM
Additional Solar Investments
Eight sites being finalized
Site control; early stage
development
~$800 MM
Recovery
Mechanism
Solar Base Rate Adjustment
(SOBRA)
Solar Base Rate Adjustment
(SOBRA)
~$1.1 B
Base Rates
Transmission & Distribution
Investments from 2017-2020
~$8.0-$9.0 B
Base Rates
2019 Capacity Need
Okeechobee Clean Energy
Center
~$1.2 B (2)
Generation Base Rate
Adjustment
2022 Modernization
Dania Beach Clean Energy
Center
~$900 MM (2)
Base Rates
Indiantown & SJRPP buy-outs
Combustion Turbine Upgrades
Indiantown completed Jan-2017;
Completed early retirement of
SJRPP Jan-2018
~$500 MM (3)
Clause
On track for 2019 completion
~$1 B
Base Rates
Maintenance of existing assets,
nuclear fuel, and other
Ongoing
~$4.0-$6.0 B
Base Rates
Includes amount invested in 2017 through 2020, unless otherwise noted
Reflects total investment for Okeechobee Clean Energy Center and Dania Beach Clean Energy Center including
investment made pre-2017 and post-2020
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3) Indiantown & SJRPP investment are recorded as regulatory assets
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