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Income Taxes (Tables)
9 Months Ended
Sep. 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 September 30,Three Months Ended September 30,Nine Months Ended September 30,Nine Months Ended September 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
5.1 (4.5)4.3 4.4 3.3 1.5 4.3 4.3 
Taxes attributable to noncontrolling interests
3.0 6.8  — 3.9 3.0  — 
Renewable energy tax credits
(25.5)(21.1)(4.0)(2.3)(21.3)(8.7)(3.9)(2.0)
Amortization of deferred regulatory credit(2.9)(5.0)(2.9)(3.3)(2.7)(2.4)(2.9)(3.5)
Other – net
(0.4)(1.9)(0.8)(0.3)(0.8)(0.9)(0.5)(0.3)
Effective income tax rate0.3 %(4.7)%17.6 %19.5 %3.4 %13.5 %18.0 %19.5 %