EXHIBIT 12(b)

FLORIDA POWER & LIGHT COMPANY
COMPUTATION OF RATIOS

	Three Months Ended March 31, 2002
	(millions)
RATIO OF EARNINGS TO FIXED CHARGES
Earnings, as defined:
Net income		$	122
Income taxes			66
Fixed charges, as below			45
Total earnings, as defined		$	233
Fixed charges, as defined:
Interest charges		$	42
Rental interest factor			2
Fixed charges included in nuclear fuel cost			1
Total fixed charges, as defined		$	45
Ratio of earnings to fixed charges			5.18

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
Earnings, as defined:
Net income	$	122
Income taxes		66
Fixed charges, as below		45
Total earnings, as defined	$	233
Fixed charges, as defined:
Interest charges	$	42
Rental interest factor		2
Fixed charges included in nuclear fuel cost		1
Total fixed charges, as defined		45
Non-tax deductible preferred stock dividends		4
Ratio of income before income taxes to net income		1.54
Preferred stock dividends before income taxes		6
Combined fixed charges and preferred stock dividends	$	51
Ratio of earnings to combined fixed charges and preferred stock dividends		4.57