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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Reconciliation Between the Effective Income Tax Rates and the Applicable Statutory Rate
A reconciliation between the effective income tax rates and the applicable statutory rate is as follows:
 NEEFPLNEEFPL
 Three Months Ended June 30,Three Months Ended June 30,Six Months Ended June 30,Six Months Ended June 30,
 20242023202420232024202320242023
Statutory federal income tax rate21.0 %21.0 %21.0 %21.0 %21.0 %21.0 %21.0 %21.0 %
Increases (reductions) resulting from:
State income taxes – net of federal income tax benefit
4.1 2.1 4.4 4.4 2.4 2.6 4.3 4.3 
Taxes attributable to noncontrolling interests
5.6 1.4  — 4.2 2.2  — 
Renewable energy tax credits
(32.8)(6.6)(4.9)(2.2)(19.4)(6.4)(3.8)(1.9)
Amortization of deferred regulatory credit(3.7)(1.7)(3.0)(3.6)(2.6)(1.9)(3.0)(3.6)
Other – net
0.6 — (0.2)(0.2)(0.8)(0.6)(0.3)(0.3)
Effective income tax rate(5.2)%16.2 %17.3 %19.4 %4.8 %16.9 %18.2 %19.5 %