Investor Presentaiton
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FPL's settlement agreement is designed to help deliver
continued outstanding customer value
FPL's Base Rate Case Settlement
Effective January 2017 through December 2020
Retail base revenue increases according to the following
schedule:
$400 MM beginning January 2017
$211 MM beginning January 2018
$200 MM expected in mid-2019 when the Okeechobee Clean Energy
Center achieves COD
Allowed regulatory ROE of 10.55% with a range of 9.60% to 11.60%
Solar Base Rate Adjustment upon COD for up to 300 MW per year
Flexibility to amortize up to $1.25 B of reserve amount
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Includes the $250 MM reserve amount that remained at the end of 2016
under the 2012 rate agreement
Introduces a 50 MW battery storage pilot program
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