Investor Presentation
2
Project Velocity's 2022 program is expected to result in our
largest cost savings to date with an estimated $400 MM in
run rate savings by 2025
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Projects Momentum, Accelerate and Velocity Summary
Annual bottoms-up,
employee-generated idea
process for reducing costs
and increasing revenues
From Projects Momentum,
Accelerate and Velocity,
over the course of 2013 to
2022, our employees:
-
-
Submitted 24,000 ideas
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Evaluated 15,000 ideas.
Helped ~8,000 ideas
receive approval and be
implemented
Annual Run-Rate Savings (1)
($ MM)
$2,300
$2,200
$2,100
$1,900
$1,600
$1,400
$1,000
$800
$600
$450
$350
$200
$30
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
M1 ■M2 ■ M3 ■ M4 ■ A1 ■A2 A3 ■ A4 A5 V1
Since 2012, NextEra Energy's Project Momentum, Project Accelerate and
Project Velocity are projected to generate $2.3 B (2) in run-rate savings
1) Includes base O&M plus IT cost to implement
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2)
By 2025
NEXTera
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