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Income Insights

NextEra Energy’s Results: For Utilities, Green Still the Color of Money

By Roger S. Conrad on Jul. 23, 2022

In the previous decade, NextEra Energy’s (NYSE: NEE) ability to convert renewable energy deployment into earnings depended squarely on regulatory support and subsidy. Now, the combination of falling production costs and soaring natural gas prices has made wind, solar and storage increasingly attractive from a cost-cutting standpoint as well.

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