CLAIM #45291 · Nextera Energy Inc (NEE) · 2023Q3 earnings call · Oct 24, 2023 · due Mar 31, 2024
“We don't expect our record to be reopened and made sure that they put together a conclusion that would be satisfactory in their view with the Supreme Court and send it back to the Supreme Court.”
Armando Pimentel · CEO, Florida Power & Light
In context
“rocess and maybe potential outcomes? Armando Pimentel: Hey, Andrew. It's Armando. You're right that the Supreme Court remanded the settlement agreement back to the Public Service Commission. Our view is that the Public Service Commission is going to take that up soon and will likely be in a position early next year, I would say first quarter of next year, to be able to send that back up to the Supreme Court with the additional details that the Supreme Court is looking forward to receiving. That process would be very similar to the process, both the timeline and the materials that the Public Service Commission went through with the Duke case that was remanded by the Supreme Court back to the Public Service Commission last year, where the Public Service Commission did not reopen the record. We don't expect our record to be reopened and made sure that they put together a conclusion that would be satisfactory in their view with the Supreme Court and send it back to the Supreme Court. So we think we're on the same process as that Duke case was, and we look forward to having the Public Service Commission resubmit that, again, first quarter of next year. Andrew Weisel: Sounds good. Thank you. Operator: This concludes our question-and-answer session and the conference has also now concluded. Thank you for attending today's presentation. You may all now disconnect.”
Verify independently
SEC filings for NEE ↗ · Claim quote is verbatim from the 2023Q3 earnings call.