Srta

February Investor Presentation

Cautionary Statements And Risk Factors That May Affect
Future Results
Any statements made herein about future operating and/or financial results and/or other
future events are forward-looking statements under the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995. These forward-looking statements may
include, for example,statements regarding anticipated future financial and operating
performance and results, including estimates for growth. Actual results may differ
materially from such forward-looking statements. A discussion of factors that could cause
actual results or events to vary is contained in the Appendix herein and in our Securities
and Exchange Commission (SEC) filings.

Non-GAAP Financial InformationThis presentation refers to adjusted earnings and adjusted EBITDA, which are not
financial measurements prepared in accordance with GAAP. Definitions of these
measures and quantitative reconciliations of these measures to the closest GAAP
financial measure are included in the attached Appendix. Prospective adjusted earnings
and adjusted EBITDA amounts cannot be reconciled to net income becausenet income
includes the mark-to-market effects of non-qualifying hedges and OTTI on certain
investments, neither of which can be determined at this time. Neither adjusted earnings
nor adjusted EBITDA represents a substitute for net income, as prepared in accordance
with GAAP.

2

NextEra Energy is comprised of two strong businesses
supported by a common platform…

• $30.5 B marketcapitalization(1)
• 42,179 MW in operation
• $64 B in total assets

• One of the largest U.S. electric utilities

• U.S. leader in renewable generation

• 4.6 MM customer accounts

• Assets in 24 states and Canada

• 24,057 MW in operation

• 18,122 MW in operation

Engineering & Construction
Supply Chain
Nuclear Generation
Non-Nuclear Generation
3

(1) Market capitalization asof January 30, 2013; source: FactSet
Note: All other data as of December 31, 2012

…built on a foundation of operational excellence and financial
strength…
SAIDI: System Average (1)
Utility Credit Ratings(2)
Interruption Duration Index
Minutes
150
125
100

Good
30%

FL Industry Average
FPL

28%
NextEra
Energy

25%

23%
21%

75
20%

50
25

'06

'07

'08

'09'10

'11

16%
15%

Fossil Reliability – EFOR(3)
10%

10%

Industry Average

7%

8%
6%
4%

Good
NextEra Energy

0%

2%
0%
'06

'07

'08

5%

'09

'10

'11

5%

A or
higher

A-

BBB+

BBB

'12

4 (1) SAIDI represents the number of minutes the average customer is without power during that time period

Source: FPL as reported to FL PSC; FLIndustry Average consists of data from TECO, PEF, and Gulf as reported to FL PSC
(2) Source: Edison Electric Institute: S&P Utility Credit Ratings Distribution – Financial Update Q2 2012
(3) Equivalent Forced Outage Rate; NextEra EFOR represents FPL Fossil and NEER TH&S; Industry Source: NERC (Large
Fossil Generating Peer Companies).

BBB-

NonInvestment
Grade

…with one of the cleanestemissions profiles among the
nation’s top 50 power producers…
NextEra Energy 2011 Fuel Mix(1)
Hydro
1.0%
Solar
0.3%

SO2 Emissions Rates

(MWh)

(Lbs/MWh)

9.0

Wind
13%

Nuclear
22%

7.5
6.0

Coal
6%

4.5

Oil
1.0%

NextEra
Energy

3.0

Natural Gas
56%

1.5
0.0

NOx Emissions Rates
(Lbs/MWh)

3.5

CO2 Emissions Rates
2,500

(Lbs/MWh)

3.0
2,0002.5
2.0

NextEra
Energy

1.5

1,500
1,000

1.0
500

0.5
0.0
5

0
(1) As of December 31, 2011; may not add to 100% due to rounding
Source for emissions rates: MJ Bradley & Associates 2012 report “Benchmarking Air Emissions of the Largest
100 Power Producers in the United States”

NextEra
Energy

…and a proven track record of building businesses and
delivering...