CLAIM #45623 · Nextera Energy Inc (NEE) · 2026Q2 earnings call · Jul 24, 2026 · due Dec 31, 2027
“Look, we still are looking at, I think, the second half of 2027, but we would obviously look for opportunities to move that up wherever we can.”
John Ketchum · CEO
How to check this claim
Look at: In-service/completion timing of the referenced project or transaction milestone
It came true if: Milestone achieved by H2 2027 (on or before target); earlier completion counts as acceleration
Where: Management commentary on quarterly earnings calls / company press releases on project timeline
In context
“John Ketchum : Yes. I would characterize the decisions -- or the conversations as going well. And our whole philosophy and approach is much like the approach we've taken at Florida Power & Light and the track record that we have in Florida Power & Light. And it's a customer-first approach. And what we've been able to explain local leadership is when we look at this opportunity, we really look at an opportunity to help the customer and help the customer at a time when there is accelerating power demand. And the ability to meet the growth to provide the generation solutions at scale at a lower cost is extremely important to be able to drive affordability over time. And then the ability to bring a suite of generation solutions to really help drive reliability, I think, is extremely attractive. Our track record on customer service as well. But when you really look at being able to demonstrate the most tangible example we can bring forward for state leadership is, again, Florida Power & Light. When you have a bill that's more than 30% lower than the national average, 20% lower than it was in 2006 and in real dollars, O&M on $1 per megawatt hour basis, that's 70% better than the industry average, top decile reliability that's 60% better than the industry average, so on and so forth. Storm response in 3 states where storm response is very important, our track record there, very compelling, right? And the ability to do what these 3 states are facing because we've done it for 20 years in Florida. We faced significant growth in Florida for 20 straight years and have been able to do it by investing in new generation while keeping bills affordable. That track record speaks volumes for what the potential could be here. And then being able to do that in a way that preserves what those states are accustomed to seeing, which is that local feel, all that experience that Dominion brings at the local level, being able to interact with the same folks that are wearing the same shirts, the same name on the bucket trucks. The interaction at the local level is not going to change. We're going to leverage what Dominion does best locally and its strong track record of operations, the cross learnings that we'll be able to have, but be able to support that local leadership with the scale and the operating platform that comes with the NextEra business, which just translates into affordability for customers across the board. So that message, I think, has been very well received. And I look at it even broader than that, which is the ability to create jobs by a company that's doubling its generation fleet by 2032, which is our expectation. And then the economic development partnership that comes for all 3 states. When you think about a company that's #1 in gas, the combined company, the #2 in nuclear, world's leader in renewables, world's leader in battery storage, a leader in transmission. We have the ability to bring economic growth to those states through OEMs, through EPC contractors and whatnot that have to be there to serve our needs. And also, given the scale and the buying power that we have, are going to be encouraged to help support economic development in the states where we're located. So I think when you put that whole package together, so far, it's been well received. But look, ultimately, it'd be up to the states to decide. But so far, the conversations at the local level have gone well. In terms of your question on timing. Look, we still are looking at, I think, the second half of 2027, but we would obviously look for opportunities to move that up wherever we can.”
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SEC filings for NEE ↗ · Claim quote is verbatim from the 2026Q2 earnings call.