EXHIBIT 12(b)

		     FLORIDA POWER & LIGHT COMPANY
			COMPUTATION OF RATIOS





											       Six Months Ended
												 June 30, 1999
											       -----------------
											     (Millions of Dollars)


RATIO OF EARNINGS TO FIXED CHARGES
                                                                                                 
Earnings, as defined:
  Net income ..............................................................................         $ 275
  Income taxes ............................................................................           151
  Fixed charges, as below .................................................................            92

    Total earnings, as defined ............................................................         $ 518

Fixed charges, as defined:
  Interest charges ........................................................................         $  86
  Rental interest factor ..................................................................             2
  Fixed charges included in nuclear fuel cost .............................................             4

    Total fixed charges, as defined .......................................................         $  92

Ratio of earnings to fixed charges ........................................................          5.63




RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

Earnings, as defined:
  Net income ..............................................................................         $ 275
  Income taxes ............................................................................           151
  Fixed charges, as below .................................................................            92

    Total earnings, as defined ............................................................         $ 518

Fixed charges, as defined:
  Interest charges ........................................................................         $  86
  Rental interest factor ..................................................................             2
  Fixed charges included in nuclear fuel cost .............................................             4

    Total fixed charges, as defined .......................................................            92

Non-tax deductible preferred stock dividends ..............................................             7
Ratio of income before income taxes to net income .........................................          1.55

Preferred stock dividends before income taxes .............................................            11

Combined fixed charges and preferred stock dividends ......................................         $ 103

Ratio of earnings to combined fixed charges and preferred stock dividends .................          5.03