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Investor Presentation

Renewables provide customers the opportunity to avoid volatile natural gas and wholesale power prices and instead lock-in low-cost energy supply for decades $5 Market Prices for Renewables Alternatives (1) Forward Gas Prices 7x24 ($/MM Btu) Forward Power Prices 7x24 ($/MWh) $50 $4 ~36% increase in forward gas prices since year-end 2021 31% $3 1/31/2023 $40 ~41% increase in forward power 31% prices since year-end 2021 40% $30 1/31/2023 48% Year-End 2021 Year-End 2021 $2 $20 2024 2025 2026 2027 2028 2024 2025 2026 2027 2028 Power prices are up nearly 50% in the back-end of the curve compared to year-end 2021 10 1) Based on ERCOT market, as of 1/31/2023 NEXTera ENERGY
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