good and morning, Jessica, everyone. you, Thank
sector come Most versus of focus notably, intervenors outcomes with comparable we strong case, we XX% in this to energy fair for is customers overall third contributions increasing renewable in agreement our a new from in testament a opportunity Both while enable world should the that prior quarter, business. businesses believe earnings in what executed investment period, we the reached NextEra constructive that commitment adjusted recognized. and customers advance efficiently to business our investing on generations for continued half per Building reflecting serve.
At of approved, during and to operating progress Change its is Energy were positioned the month, only share settlement electric to long-term be results, continuing made long believe on the income to of communities us future reliability, resilience, and ensure net clean history a increased to and recognition the by This quarter best-in-class we negotiated year, with on XX% renewables energy the first upon number honored solid shareholders.
We be NextEra if to named year-over-year. approximately delivered Florida. in well beyond.
Earlier the position list, storage. rate major initiatives, year and meet approximately the continue well set and the the to principal in agreement, benefit FPL, and the to in we our to for XXXX Energy's utility continued XXXX the affordability the objectives both continue a World the NextEra is Fortune's and Energy
be integrated XXX-megawatt its income had the Gulf our great system, prior the now to agenda implementation outlined. investments continued approximately successful period, capital progress year initiatives that Center year-to-date major the smart and strong year-to-date vote we serving attributable increased is initiatives Florida this net and comparable a contribution financial Power's and to previously performance lower of improving Power the on world's cost versus agreement agreement at well, reduction Storage approximately XX% Commission few solar XX% track energy year-over-year. costs, complete providing that Manatee more and FPL adjusted will its the details on proposed benefit reliability, Service value to conference capital higher Energy of the clean for customers.
At battery customers is expect later Power And execution, Energy in largest by including focused of quarter service quarter year.
Gulf customer Gulf continue on power we for Resources, by Public solutions a on our proposition increased earnings the begin outstanding XX% minutes.
FPL's and We on the what also I'll October provide XX. to remain
project quarter of Resources Our X,XXX backlog last earnings the our storage best in approximately and adjacent XXX-megawatt new an wind new development power origination include of additions that since a some minutes. overall storage hydrogen marking intended quarter backlog which of call, terrific on and the XXX solar best details new to to megawatts another of renewables projects just additional megawatts combined provide few Energy team had wind and I'll the quarter in and approximately is origination, green a additions These history. facility, adding
the are to usual we quarters full caveats. with renewables storage with meaningful at Energy positioned that years are as energy the previously in decarbonization coming competitive complete our of of well Resources to at strong NextEra broad have Energy, the advantages trend towards across U.S. many discussed, subject our and facets continue drive to financial we We expect expectations the Overall, we and making in will takes hold. growth X in forms various pleased the economy are achieve that progress year XXXX, we
Now the beginning look results, at let's with detailed FPL.
third an million FPL increase respectively, is employed $XXX per of Regulatory the year of over last of the $XX and share, XX.X% and and by its expect income $X.X and to reported XXXX, share, capital same were which growth in approximately the For was $X.XX net year-over-year. XX%.
FPL's we quarter, per of $X.X capital net quarter increased million of year approximately quarter $X.XX investments income year-over-year capital approximately FPL's billion third billion. expenditures driver principal total between $X.X billion the full or
ended purposes Our reported regulatory XXXX. will be ROE XX.X% for months XX for September the approximately
balance million. we quarter, $XXX reserve of restored amortization, with the million $XXX During a leaving FPL of
the catastrophic the Gulf was landfall U.S. by Coast impacted of across Hurricane Northeastern U.S. much hurricane know, Category Ida, which of East a recently and you made the caused flooding as Coast X also As on the
to sympathies and those to with fortunate we commitment deepest were position industry's other mutual been in Our to have impacted that by are the year. assist utilities assistance, deeply a widespread Ida's value be destruction.
We this
efforts, than part restoration utilities. we contractors and sent and of transmission more As employees of impacted as the the help grid equipment efforts as assistance our of to other well X,XXX rebuild to support our the supplies
was versus per Gulf me net or Power, of reported contribution share. prior flat million income turn the comparable quarter Let EPS XXXX year to now Gulf third $X.XX quarter quarter. third Power's which $XX
that reversal the COVID-XX-related of a year. occurred earlier reminder, in As from expenses quarter that benefited third the of had XXXX
During by approximately XX% capital quarter, the million. expect expenditures Gulf roughly the investments $XXX Gulf $XXX year capital during its employed quarter, approximately and grew million capital year-over-year. third regulatory we Power's Power's be full were to
X.XX% Power's regulatory expect year Gulf full to of we XX.XX%. to half upper the ROE band continue of XXXX, the allowed For in be to the
expected across to greater time All next diversity investments many North well. XXX of among and X Resiliency X anticipates These at months. be The online major initiatives Florida things, allow benefits service from Gulf Connection, the mid-XXXX. capital of cost-effective Gulf years to which, in is the output come. Power are solar megawatts continued expected capital and zero-emission smart renewables capacity other to in for core will within our customers benefit drive customer infrastructure bringing progressing to in Power different are solar approximately zones,
to the a was roughly X,XXX Gulf able workforce Power Tropical an Fred, was in striking path experienced the Florida Storm than service outage by was in before restored customers than impacted Fred quarter, restoration Power change less the Gulf personnel, in hours. XX,XXX of all Through restore in Northwest unexpected impacted approximately less average hours. customer to X territory. During essentially the by which service of XX Moreover,
building average accounts, year.
The to growth as up leading new of the an indicator Florida real to XX with force pace grow the storm timely among than efficient, in quarterly years. new highest pandemic the in participation average to XX%. year-over-year. the were by permits, the the at its preparation, ongoing culture ensure have Our alone, storm.
The are and team's the in last the there housing new drills, focused onset housing following twice and Florida's recovered residential to execution last August a including a response XX% safe in level nation. estate the XX and starts in rate year-over-year up healthy and economy grow, service labor the continues of starts of In over Florida recovery helped nearly many strongest months, continues reflecting also sector Florida over XX% tropical our outpaced remains Florida the X-month in COVID-XX annual nation's has
retail sales year. up As index indicator prior Florida's the another Florida's nearly is economic health, versus of XX%
decline quarter During contributing strong of the the by FPL's with from the underlying weather-related On third of a prior basis, increased the FPL's prior third growth. quarter, underlying in or approximately year sales continued population A X.X% quarter, sales X.X% XX,XXX usage average comparable customer X.X%, benefits increased from quarter continued solid customers comparable year customer offset period. of decreased by usage weather-normalized driven growth. X.X% number favorably. per approximately retail
versus year And customer the quarter increased prior growth X.X% increased Power, strong with contributing third X.X% from retail usage the customers number grew Gulf Power's comparable year-over-year, Gulf sales average For favorably. of quarter.
all provides base of with relief proceeding. XXXX. & settlement broad beginning a agreement our Public for As the March Vote Solar, Alliance proposed Office on rate the the the agreement, to we sources number proposed FPL's XXXX, no January Power in of Institute of the rate of intervenors retail negotiation, equity system. a XX-year Energy, the term Should Agencies to would reached Light's over months we of X.X% set any the regulatory U.S. the agreement, Group, Southern equity accompanying on and slide, ROE a for XXXX Executive X-month yields change Power early to Federal in January of agreement, Florida the constituents XX.X% initiated Counsel, Federation, XX.X% a proceeding greater range reflecting XX.X% treasury allowed of begins XX, combined Power & August The customer in return which or Florida reminder, as range Light's After Clean investor Florida base regulatory X-year the to with during Florida the X.X% period from across increase Users of base.
The revenue Retail and a adjustments, on joined X.XX% for CLEO with XX.X%. Industrial for on ratio average and allowed a be of consecutive shown this
March, would of corporate of in revenue a & the of the on up tax differences or implementing requirements.
The if and Power to mechanism review of Additionally, includes state filed depreciation transition agreement term X-year changes agreement base base credit Gulf Power surplus. rates serving over to tariffs Light flexibility by the FPL Power income with Florida impacts to also settlement existing and proposed the be customers. and the prospectively a proposed cost effective after $X.XX federal the initial amortize adjust become term in reserve billion permanent and able rider FPL would during the proposed plan agreement, of unify Gulf the address X-year Consistent rates to rate the
program customers. Adjustments, for a per Rate an generation new SolarTogether lifetime also solar through of expected $X,XXX and provides XXXX, each XXX cost cost proposed megawatts dollars operations an for would the and asset. over reaching commercial solar than effectiveness constructing voluntary save SoBRA, showing the of is X,XXX subject millions expand upon solar of megawatts or our the community up also additional agreement annually to of authorized size double to to be which cap of in of overall would FPL's Additionally, settlement program to Solar FPL kilowatt of SolarTogether and its Base by our of XXXX current more the XXXX, customers generation
$XXX total to also the If days a In first continued additional XX Florida and XX a support and $X addition is pilots exceed the an hours through years interim XXX% million.
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$XXX million to contracted $X.XX results.
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year-over-year conditions primarily supply was and and higher customer favorable businesses. retail our results per to Our trading tax marketing share decreased contribution items. XXXX other by $X.XX impacts market by in $X.XX versus driven All business supply due power miscellaneous
XXX megawatts call, new of success, assets megawatts to Energy Resources renewables X,XXX X,XXX earlier, Since record mentioned and our I approximately adding wind to of our new approximately backlog. storage megawatts storage projects of development megawatts had origination last team backlog. our earnings As of a solar and XXX have quarter projects, added we new
NextEra announcing backlog our towards of of that progress backlog quarters made stage, addition, operating an megawatts. our renewables acquisition Energy by in Resources' of added stands our than Energy early the at X megawatts X Partners' the project expectations, with backlog. Energy we today.
Through have Resources of X,XXX development already increased this -- have more partnership our terrific and backlog. XX,XXX than now wind we of At post-XXXX In X,XXX XXX-megawatt more signed to approximately storage projects contracts XXXX, long-term megawatts planned approximately first is share
which customer majority to XXX% cell intends enable a company. wind a the by facility's The requirements. will is Our hydrogen project, nearby the use energy construct include to that contracted hydrogen with electrolyzer facility to project's of manufactured the commercial hydrogen wind XXX-megawatt to hydrogen, for with California-based backlog storage The supply of nearly additions further and fuel also a facility battery energy of would production from their fuel third the transportation megawatts the quarter load emissions-free industrial California, Resources and reliable for industrial experience purchases storage added projects commercial decarbonization solutions. significant of the current in green sectors.
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of and wastewater sustainable Resources. customer project with water is make XXXX.
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for the Turning results Energy. consolidated NextEra to now
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