EXHIBIT 12(b)

FLORIDA POWER & LIGHT COMPANY
COMPUTATION OF RATIOS

	Nine Months Ended September 30, 2001
	(millions)
RATIO OF EARNINGS TO FIXED CHARGES
Earnings, as defined:
Net income		$	581
Income taxes			326
Fixed charges, as below			154
Total earnings, as defined		$	1,061
Fixed charges, as defined:
Interest charges		$	144
Rental interest factor			5
Fixed charges included in nuclear fuel cost			5
Total fixed charges, as defined		$	154
Ratio of earnings to fixed charges			6.89

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
Earnings, as defined:
Net income	$	581
Income taxes		326
Fixed charges, as below		154
Total earnings, as defined	$	1,061
Fixed charges, as defined:
Interest charges	$	144
Rental interest factor		5
Fixed charges included in nuclear fuel cost		5
Total fixed charges, as defined		154
Non-tax deductible preferred stock dividends		11
Ratio of income before income taxes to net income		1.56
Preferred stock dividends before income taxes		17
Combined fixed charges and preferred stock dividends	$	171
Ratio of earnings to combined fixed charges and preferred stock dividends		6.20