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FPL Celebrates Three Straight Years of The Lowest Bill in the State FPL customers continue to have the

lowest typical residential bills in Florida o ut of all 55 electric utilities Juno Beach, FL, June 18, 2012 -- For the third straight year, Florida Power & Li ght Companys typical residential customers once again have the lowest bills in th e state. FPL today announced the results of a comparative look at energy costs i n the first quarter of 2012 for residential customers in Florida. FPL has had th e lowest typical residential customer bill on an annualized basis since 2009. FPLs typical residential customer bills are the lowest of all of the state s 55 e lectric utilities, 24 percent lower than the latest national average and 23 perc ent less than the 2011 Florida average for investor-owned utilities. The residen tial customer monthly usage median for FPL customers is 975 kWh, which means tha t the majority of FPL customer households consume less than the standard 1,000-k Wh typical bill benchmark of $94.62 (January - March 2012 rates). To obtain the average monthly residential bill, FPL sourced bill data from the F lorida Public Service Commission, Florida Municipal Electric Association, Reedy Creek Improvement District, Florida Electric Cooperatives Association and Jackso nville Electric Authority. The analysis took into account each utilitys 1,000-kWh residential bill which includes customer charge, non-fuel energy, fuel, storm c harges and the state gross receipts tax of approximately 2.5 percent. Other pote ntial fees including franchise fees and utility taxes were not factored into the analysis as they are not consistent measures for each utility. For a national comparison, the Edison Electric Institute (EEI) reports biannuall y the typical energy bills for each member company based on rates effective in J anuary and July. Most FPL customers power all of the electricity needs of their home for a few do llars a day on average over the year. FPLs typical residential customer bill is a bout 13 percent lower today than it was in 2006. Compared to prices in 2006, foo d and health care costs today are at least 20 percent higher, while a gallon of gasoline is more than 40 percent higher. Its important that FPL provides its customers with the best value possible, which means residential bills that are the lowest in Florida and reliability that is a mong the very best in the country. Were working to keep it that way through techn ology investments and operational efficiencies that save our customers money. It all adds up to reliable electric service that costs less per day than a latte o r a slice of pizza, said FPL President Eric Silagy. Over the five years from 2010 through 2014, FPL plans to invest approximately $1 5 billion to strengthen and improve Floridas electric generation and delivery sys tem. By installing state-of-the-art, combined-cycle, natural gas turbines at sev eral power plants, FPL has cut fuel costs by $5.5 billion since 2001 and passed those savings on to customers. Fuel costs for FPL customers have averaged nearly $5 billion per year over the five years ending in 2011, so FPLs fuel efficiency since 2001 has saved customers the equivalent of about one years supply of fuel. Altogether, FPLs completed and planned investments from 2001 to 2016 are expected to save FPL customers an estimated $1.2 billion in fuel costs per year starting in 2016. FPL is asking the Florida Public Service Commission for a rate increase in 2013 equaling about 23 cents a day on the base portion of a typical residential bill so the company can continue to maintain its successful performance for the benef it of its customers. Even with this increase, FPL expects its typical residentia l bill will still be the lowest in the state and well below the national average

. Additionally, because of investments in fuel efficiency and lower fuel prices, the net increase that typical customers would actually pay on their bills is le ss than five cents a day. FPL has created an online calculator at www.FPL.com/an swers where residential customers can input their energy usage to see exactly ho w the increase would affect their bills. Customers also play a role in reducing energy costs and can make their bills even lower by participating in FPLs conservation programs, added Silagy. Because of our partnership with customers, FPL has saved more megawatts than nearly any other utility in the country. These efforts have allowed FPL to avoid building 13 medi um-sized power plants since 1980. FPL customers have the lowest typical residential bill in the state and they can make it even lower with energy efficiency programs, including the FPL Online Ho me Energy Survey where customers can get a detailed analysis of home energy use, a personalized savings plan and recommendations and tips for energy efficiency. In addition to FPLs residential customers having the lowest bills in the state, F PL business customers have bills that are among the lowest in Florida. Florida Power & Light Company Florida Power & Light Company is the largest rate-regulated electric utility in Florida and serves the third largest number of customers of any electric utility in the United States. FPL serves approximately 4.6 million customer accounts an d is a leading Florida employer with approximately 10,000 employees as of year-e nd 2011. During the five year period ended December 31, 2011, the company delive red the best service reliability among Florida investor-owned utilities, while i ts typical residential customer bills, based on data available in December 2011, are about 25 percent below the national average. A clean energy leader, FPL has one of the lowest emissions profiles and one of the leading energy efficiency p rograms among utilities nationwide. FPL is a subsidiary of Juno Beach, Fla.-base d NextEra Energy, Inc. (NYSE: NEE). For more information, visit www.FPL.com contact: Michelle Catin Florida Power & Light Company 700 Universe Blvd Juno Beach, FL 33408 305-552-3888 amelia.gomez@rbbpr.com http://www.fpl.com/toolkit

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