NextEra Energy (NEE) 10-Q 2010 Q3 Quarterly report

Exhibit 12(b)

FLORIDA POWER & LIGHT COMPANY AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS(a)

	Nine Months Ended September 30, 2010
	(millions of dollars)
Earnings, as defined:
Net income		$	764
Income taxes			468
Fixed charges included in the determination of net income, as below			284
Total earnings, as defined		$	1,516
Fixed charges, as defined:
Interest expense		$	270
Rental interest factor			5
Allowance for borrowed funds used during construction			9
Fixed charges included in the determination of net income			284
Capitalized interest			3
Total fixed charges, as defined		$	287
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)			5.28

¾¾¾¾¾¾¾¾¾¾

(a) Florida Power & Light Company has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends.