{"id":10434,"date":"2023-01-18T23:56:00","date_gmt":"2023-01-18T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=10434"},"modified":"2025-02-12T14:50:08","modified_gmt":"2025-02-12T06:50:08","slug":"nextera-energy","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/","title":{"rendered":"How does Renewable Energy Giant NextEra Energy make money?"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#My_books_about_NextEra_Energy\" >My books about NextEra Energy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Introduction\" >Introduction<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Short_description\" >Short description<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Company_profile\" >Company profile<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Subsidiaries\" >Subsidiaries<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#FPL_Florida_Power_Light_Co\" >FPL (Florida Power &amp; Light Co)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#NEECH_NextEra_Energy_Capital_Holdings_Inc\" >NEECH (NextEra Energy Capital Holdings Inc.)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#WATER_and_Wastewater\" >WATER and Wastewater<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Business_performance_and_valuation\" >Business performance and valuation<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Business_performance\" >Business performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Stock_valuation\" >Stock valuation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Long_term_investment_metrics\" >Long term investment metrics<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Stock_performance_vs_S_P_500\" >Stock performance vs. S&amp;P 500<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Dividends\" >Dividends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Carbon_Zero_by_2045\" >Carbon Zero by 2045<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Outlook\" >Outlook<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#The_goal_by_2025\" >The goal by 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Renewable_Energy_Capacity_Expansion_Plan\" >Renewable Energy Capacity Expansion Plan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Expansion_of_new_revenue_streams\" >Expansion of new revenue streams<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"My_books_about_NextEra_Energy\"><\/span>My books about NextEra Energy <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is recommended to read my book &#8220;<a href=\"https:\/\/www.books.com.tw\/products\/0010889106?sloc=main\" target=\"_blank\" rel=\"noreferrer noopener\">The Rules of Super Growth Stocks Investing<\/a>&#8220;:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sections 1-2, pp. 32-35.<\/li>\n<\/ul>\n\n\n\n<p>And the book &#8220;<a href=\"https:\/\/www.books.com.tw\/products\/0010935641?sloc=main\" target=\"_blank\" rel=\"noreferrer noopener\">The Rules of 10 Baggers<\/a>&#8220;:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sections 3-7, pp. 168-169.<\/li>\n\n\n\n<li>Sections 3-8, 179 pages.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short_description\"><\/span>Short description<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As the largest renewable energy company in the world, NextEra Energy is a time-tested company with deep roots. Founded in 1925, with governments around the world supporting green energy policies, it should continue to grow along with the growth of renewable energy and Florida&#8217;s population.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_profile\"><\/span>Company profile<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.nexteraenergy.com\/sustainability\/environment\/renewable-energy.html\" target=\"_blank\" rel=\"noreferrer noopener\">The company is the largest wind and solar energy generator in the world<\/a>. It owns and operates around 48GW (FPL + NEER, 2018) of generating capacity throughout the US.<\/p>\n\n\n\n<p>It uses natural gas, nuclear, solar, and wind as generating fuels, especially wind. It has 8 commercial nuclear power units in Florida, New Hampshire, Iowa, and Wisconsin.<\/p>\n\n\n\n<p>In 2017, NEE generated 55% of its total net income from NextEra Energy Resources. NextEra Energy Resources uses no-carbon sources for 94% of its installed generation capacity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Subsidiaries\"><\/span>Subsidiaries<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FPL_Florida_Power_Light_Co\"><\/span>FPL (Florida Power &amp; Light Co)<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>It contributed 1\/7 of company net income. The largest energy company in the United States as measured by retail electricity produced and sold. The largest electric utility in Florida, electricity provider for more than 10 million people in Florida. <\/p>\n\n\n\n<p>It is one of the largest electric utilities in US. At the end of 2021, FPL has 5.6 million customer accounts (11 million people).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NEECH_NextEra_Energy_Capital_Holdings_Inc\"><\/span>NEECH (NextEra Energy Capital Holdings Inc.)<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>It contributed 6\/7 of company net income. NEECH held all of their renewable assets in an LLC named NEP (NextEra Energy Partners). NEP (ticker: NEP) was deconsolidated from NEE on January 1, 2018. <\/p>\n\n\n\n<p>NEECH is the world&#8217;s largest operator of wind and solar projects.<\/p>\n\n\n\n<h4 class=\"has-medium-font-size wp-block-heading\"><span class=\"ez-toc-section\" id=\"WATER_and_Wastewater\"><\/span>WATER and <strong>Wastewater <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>It recently made another water deal, acquiring a wastewater system in Pennsylvania. In October, the company entered the U.S. water and wastewater utility industry via an acquisition of several regulated systems in Texas.<\/p>\n\n\n\n<p>The company&#8217;s continued expansion into water is part of its strategy to have a dozen $100 million businesses by 2025, up from seven last year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_performance_and_valuation\"><\/span>Business performance and valuation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_performance\"><\/span>Business performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Year 2021<\/td><td>NextEra Energy<\/td><td>American Water Works<\/td><\/tr><tr><td>Annual revenue and growth rate (million)<\/td><td>17,069 -5.16%<\/td><td>3,930 +4.05%<\/td><\/tr><tr><td>Annual operating income and growth rate (million)<\/td><td>3,121 -39.35%<\/td><td>1,274 -1.77%<\/td><\/tr><tr><td>Annual net income and growth rate (million)<\/td><td>3,573 +22.4%<\/td><td>1,263 +78.14%<\/td><\/tr><tr><td>Operating margin<\/td><td>18.28%<\/td><td>32.42%<\/td><\/tr><tr><td>Net margin<\/td><td>20.93%<\/td><td>32.14%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_valuation\"><\/span>Stock valuation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>7\/23\/2022<\/td><td>NextEra Energy<\/td><td>American Water Works<\/td><\/tr><tr><td>Market capitalization ($ billion)<\/td><td>156.87<\/td><td>27.03<\/td><\/tr><tr><td>Share price<\/td><td>79.85<\/td><td>148.71<\/td><\/tr><tr><td>P\/E<\/td><td>108.40<\/td><td>20.01<\/td><\/tr><tr><td>Dividend yield<\/td><td>2.13%<\/td><td>1.76%<\/td><\/tr><tr><td>Stock performance in past 10 years (S&amp;P 500 was\uff0b232%)<\/td><td>+449%<\/td><td>+232%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long_term_investment_metrics\"><\/span>Long term investment metrics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_performance_vs_S_P_500\"><\/span>Stock performance vs. <strong>S&amp;P 500<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Company<\/strong><\/th><th><strong>Market Cap<\/strong><\/th><th><strong>Dividend Yield<\/strong><\/th><th><strong>Projected Annualized EPS Growth Over Next 5 Years<\/strong><\/th><th><strong>Stock&#8217;s 10-Year Total Return<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>NextEra Energy<\/strong><\/td><td>$139 billion<\/td><td>2.4%<\/td><td>8.9%<\/td><td>449%<\/td><\/tr><tr><td><strong>American Water Works<\/strong><\/td><td>$23.8 billion<\/td><td>2%<\/td><td>8.3%<\/td><td>378%<\/td><\/tr><tr><td><strong>S&amp;P 500<\/strong><\/td><td>N\/A<\/td><td>1.47%<\/td><td>N\/A<\/td><td>232%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dividends\"><\/span>Dividends<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>NextEra has raised its dividend for 28 consecutive years, , which is a rare achievement. In February, the company not only announced an approximately 10% dividend increase, but also said that it expects to hike its dividend roughly 10% a year through at least 2024.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"188\" height=\"88\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2023\/01\/n-1600x1200-1.jpg\" alt=\"NextEra Energy\" class=\"wp-image-17500\"\/><figcaption class=\"wp-element-caption\">credit:wiki<\/figcaption><\/figure>\n\n\n\n<h3 class=\"has-medium-font-size wp-block-heading\"><span class=\"ez-toc-section\" id=\"Carbon_Zero_by_2045\"><\/span><strong>Carbon Zero by 2045<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>FPL, its&nbsp;electric utility&nbsp;in Florida, the company expects the country&#8217;s largest solar expansion to get even bigger. It anticipates deploying hundreds of millions of solar panels by 2045 to produce more than 90 gigawatts (GW) of energy, up from 15 million panels producing 4 GW of power today.<\/p>\n\n\n\n<p>The company expects to deploy 50 GW of battery storage capacity, up from 500 megawatts (MW) today, to supply power when the sun isn&#8217;t shining. In addition, NextEra Energy plans to replace natural gas as a fuel in its power plants with green&nbsp;hydrogen&nbsp;and renewable natural gas.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Outlook\"><\/span>Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_goal_by_2025\"><\/span>The goal by 2025<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The management of the company has declared:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To operate more than ten new businesses by 2025.<\/li>\n\n\n\n<li>Annual earning of at least $100 million generated by these new business.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Renewable_Energy_Capacity_Expansion_Plan\"><\/span>Renewable Energy Capacity Expansion Plan<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>NextEra Energy is looking to expand its solar and wind business from a nameplate capacity of 24 gigawatts in 2021 to between 46 gigawatts and 53 gigawatts in 2025. That&#8217;s, roughly speaking, doubling the size of the company&#8217;s nameplate production capacity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Expansion_of_new_revenue_streams\"><\/span>Expansion of new revenue streams<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In order to achieve the company&#8217;s strategy of operating more than ten businesses with at least $100 million in annual revenue by 2025, the company has established new sources of revenue growth through various investments, while taking a cautious approach to business expansion. These new businesses and investments include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>RNG<\/li>\n\n\n\n<li>Water: See the Wastewater section discussed earlier in this article.<\/li>\n\n\n\n<li>Power transmission<\/li>\n\n\n\n<li>Hydrogen<\/li>\n\n\n\n<li>Battery storage<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/01\/25\/clean-energy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Clean Energy, Green Energy, and Renewable Energy, current development, differences, and related companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/14\/ge-spinoff\/\" target=\"_blank\" rel=\"noreferrer noopener\">How did three listed companies make money after GE spinoff? What are the prospects?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/05\/27\/vistra-a-turned-around\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why did US largest electricity Vistra, a turned around company, share return higher than Nvidia?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/09\/18\/duke-energy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Duke Energy, representative of monopoly energy companies<\/a>&#8220;<\/li>\n\n\n\n<li> &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/01\/11\/solar-power-energy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current progress of Solar Power and related companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/\">How does Renewable Energy Giant NextEra Energy make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/12\/25\/hydrogen-energy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current progress of hydrogen energy and relevant companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/12\/18\/nuclear-energy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current developments in Nuclear Energy and related companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/07\/29\/american-water-works\/\">How does American Water Works make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/08\/19\/carbon-capture\/\" target=\"_blank\" rel=\"noreferrer noopener\">Carbon capture current developments, prospects, and related companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/05\/25\/nuclear-fusion\/\">The current progress of nuclear fusion, and relevant companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/11\/13\/dividends-investor\/\" target=\"_blank\" rel=\"noreferrer noopener\">Considerations as a dividends investor<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/10\/08\/dividend-rich-industries\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dividend-rich industries and 6 big differences from Taiwan<\/a>&#8220;<\/li>\n\n\n\n<li> &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/22\/why-do-more-and-more-u-s-technology-stock-companies-tend-not-to-pay-dividends\/\">Why dividends disappeared suddenly these years?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/29\/the-most-two-serious-killers-to-investors-inflation-and-interest-rate\/\">Tax, inflation and rate are the top three serious killers to investors<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/02\/coca-cola-has-been-inferior-to-pepsi-in-and-even-return-rate-is-negative-in-past-10-years\/\">Coca-Cola has been inferior to Pepsi in and even return rate is negative in past 10 years!<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Renewable Energy Giant NextEra Energy,<br \/>\nAs the largest renewable energy company in the world, NextEra Energy is a time-tested company with deep roots. Founded in 1925, with governments around the world supporting green energy policies, it should continue to grow along with the growth of renewable energy and Florida&#8217;s population.<\/p>\n","protected":false},"author":1,"featured_media":17500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[479,1065,163,808,1066],"tags":[846,824,823],"class_list":["post-10434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-utility","category-climate-change-industry","category-dividend","category-energy","category-green-energy","tag-awk","tag-nee","tag-nep"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/10434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=10434"}],"version-history":[{"count":61,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/10434\/revisions"}],"predecessor-version":[{"id":34142,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/10434\/revisions\/34142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/17500"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=10434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=10434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=10434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}