EXHIBIT 12(b)

FLORIDA POWER & LIGHT COMPANY
COMPUTATION OF RATIOS

	Six Months Ended June 30, 2002
	(millions)
RATIO OF EARNINGS TO FIXED CHARGES
Earnings, as defined:
Net income		$	330
Income taxes			187
Fixed charges, as below			90
Total earnings, as defined		$	607
Fixed charges, as defined:
Interest charges		$	85
Rental interest factor			4
Fixed charges included in nuclear fuel cost			1
Total fixed charges, as defined		$	90
Ratio of earnings to fixed charges			6.74

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
Earnings, as defined:
Net income	$	330
Income taxes		187
Fixed charges, as below		90
Total earnings, as defined	$	607
Fixed charges, as defined:
Interest charges	$	85
Rental interest factor		4
Fixed charges included in nuclear fuel cost		1
Total fixed charges, as defined		90
Non-tax deductible preferred stock dividends		7
Ratio of income before income taxes to net income		1.57
Preferred stock dividends before income taxes		11
Combined fixed charges and preferred stock dividends	$	101
Ratio of earnings to combined fixed charges and preferred stock dividends		6.01