NEWS - FPL.com

ENERGYNEWSRates EditionStill thelowest billin the state22%lessthan state averageexpected in 2013*Proposed 2013 rate changesTypical 1,000-kWh residential bills expected to increase by just 8 cents daily or $2.48 per month.Bill comparison*National Average$128.11Florida Average$125.03Proposed FPL bill - 2013$97.10Our residential customers have the lowest electric bills of Florida’s 55 utilities* and leadingreliability because we have invested in cost-efficient technologies and worked hard to keepoperating costs down. We know there’s never a good time for a rate increase and are particularlymindful that the economy remains uncertain. That’s why we worked hard to minimize our requestto the Florida Public Service Commission for a 2013 base rate increase. In fact, we expect to keepresidential customer bills the lowest in the state even with the small adjustment – which is neededto pay for the higher cost of doing business and a new more efficient power plant that will savecustomers money over the long term because of improved fuel efficiencies.The base portion of a typical 1,000-kWh residential customer bill is expected to increase in 2013by just 23 cents a day or $6.97 per month, compared with today’s bill. After factoring in projectedlower fuel prices and other changes in the bill, customers would pay an estimated 8 cents moredaily or $2.48 more per month. This edition includes helpful information about our rate request.You may also visit www.FPL.com/answers to learn more.* Based on typical 1,000-kWh residential customer total bill. FPL’s proposed bill amount effective June 2013. Florida average based on January 2012 average ratesof Florida utilities as reported to the Florida Municipal Electric Association. Lowest bill projection and percentage based on FPL’s proposed 2013 total bill comparedto current rates as shown in Florida average. National average based on most current information available from Edison Electric Institute, Summer 2011.ENERGY NEWS | APRIL-MAY 2012 RATES EDITION 1

Residential rates summaryProposed 1 Base RateRate Code Type of Charge Current Rate Jan. 1, 2013 June 1, 2013 2RS-1RST-1OL-1Residential ServiceCustomer Charge/Minimum $5.90 $7.00 $7.00Base Energy Charge (¢ per kWh)First 1,000 kWh 3.736 4.320 4.494All Additional kWh 4.736 5.320 5.494Residential Service – Time of UseCustomer Charge/Minimum $16.04 $11.00 $11.00with Lump-Sum Metering Payment $5.90 $7.00 $7.00Base Energy Charge (¢ per kWh)On-Peak 7.759 13.695 13.869Off-Peak 2.479 0.712 0.886Outdoor LightingCharges for FPL-Owned UnitsTotal Cost (Fixture, Maintenance and Energy Non-Fuel)Sodium Vapor 6,300 lu 70 Watts $6.37 $6.83 $6.86Sodium Vapor 9,500 lu 100 Watts $6.82 $7.22 $7.27Sodium Vapor 16,000 lu 150 Watts $7.56 $7.86 $7.94Sodium Vapor 22,000 lu 200 Watts $10.85 $11.19 $11.30Sodium Vapor 50,000 lu 400 Watts $13.62 $13.52 $13.73Sodium Vapor 12,000 lu 150 Watts 3 $8.06 $8.45 $8.53Mercury Vapor 6,000 lu 140 Watts 3 $6.20 $6.42 $6.50Mercury Vapor 8,600 lu 175 Watts 3 $6.66 $6.80 $6.90Mercury Vapor 21,500 lu 400 Watts 3 $11.68 $11.61 $11.81Charges for Customer-Owned UnitsTotal Charge – Relamping and EnergySodium Vapor 6,300 lu 70 Watts $0.97 $2.34 $2.37Sodium Vapor 9,500 lu 100 Watts $1.16 $2.63 $2.68Sodium Vapor 16,000 lu 150 Watts $1.44 $3.11 $3.19Sodium Vapor 22,000 lu 200 Watts $1.88 $4.28 $4.39Sodium Vapor 50,000 lu 400 Watts $3.12 $6.17 $6.38Sodium Vapor 12,000 lu 150 Watts 3 $1.65 $3.35 $3.43Mercury Vapor 6,000 lu 140 Watts 3 $1.47 $2.97 $3.05Mercury Vapor 8,600 lu 175 Watts 3 $1.70 $3.33 $3.43Mercury Vapor 21,500 lu 400 Watts 3 $2.98 $5.93 $6.13Energy OnlySodium Vapor 6,300 lu 70 Watts $0.85 $0.70 $0.73Sodium Vapor 9,500 lu 100 Watts $1.20 $0.99 $1.04Sodium Vapor 16,000 lu 150 Watts $1.76 $1.44 $1.52Sodium Vapor 22,000 lu 200 Watts $2.58 $2.12 $2.23Sodium Vapor 50,000 lu 400 Watts $4.93 $4.04 $4.25Sodium Vapor 12,000 lu 150 Watts 3 $1.76 $1.44 $1.52Mercury Vapor 6,000 lu 140 Watts 3 $1.82 $1.49 $1.57Mercury Vapor 8,600 lu 175 Watts 3 $2.26 $1.85 $1.95Mercury Vapor 21,500 lu 400 Watts 3 $4.69 $3.85 $4.05Non-Fuel Energy (¢ per kWh) 2.934 2.405 2.532Other ChargesWood Pole $3.51 $8.62 $8.62Concrete/Steel Pole $4.72 $11.64 $11.64Fiberglass Pole $5.55 $13.67 $13.67Underground ConductorsExcluding Trenching, per Foot $0.017 $0.069 $0.069Down-Guy, Anchor and Protector $2.04 $8.31 $8.311Rates shown reflect those requested in filing submitted to the Florida Public Service Commission on March 19, 2012. Proposed rates are subject to change and approvalby the PSC. They would take effect January 2013 or June 2013, as noted. Summary shows only the base rate and does not reflect anticipated fuel savings or other billadjustments that are expected to reduce the overall impact on the total bill.2Base rate step adjustment to go into effect in conjunction with Cape Canaveral Next Generation Clean Energy Center entering service and increasing system fuel efficiency.3These units are closed to new installations.2 RATES EDITION APRIL-MAY 2012 | ENERGY NEWS

Service hearing dates and locationsDuring a rate proceeding, publichearings are held to give customersan opportunity to speak before theFlorida Public Service Commissionon the quality of service they receivefrom FPL. Customers are urgedto arrive at the start time, sincehearings may be adjourned early ifno witnesses are present to testify.Additional informationMay 31 Sarasota - 9:30 a.m.City Commission Chambers, City Hall, 1565 First St., Sarasota, FL 32436May 31 Fort Myers - 6 p.m.School Board of Lee County Board Room, Lee County Education Center2855 Colonial Blvd., Fort Myers, FL 33966June 12 Daytona - 4 p.m.Sunset Harbor Yacht Club and Conference Center861 Ballough Road, Daytona Beach, FL 32114June 13 Melbourne - 4 p.m.Brevard County Government Center Commission Room, Building C, 1 st floor2725 Judge Fran Jamieson Way, Melbourne, FL 32940June 14 West Palm Beach - 4 p.m.Solid Waste Authority of Palm Beach County, Auditorium7501 N. Jog Road, West Palm Beach, FL 33412June 26 Miami - 9 a.m.Miami-Dade County Auditorium, 2901 W. Flagler St., Miami, FL 33135June 26 Miami Gardens - 4 p.m.Florida Memorial University, Lou Rawls Auditorium15800 NW 42nd Ave., Miami Gardens, FL 33054June 27 Plantation - 9 a.m.Plantation City Council Chambers, 400 NW 73 Ave., Plantation, FL 33317June 27 Fort Lauderdale - 4 p.m.Broward County Main Library, Auditorium100 S. Andrews Ave., Fort Lauderdale, FL 33301Customers may submit questions or concerns directly to FPL by visiting www.FPL.com/response. You mayalso send comments regarding our quality of service or proposed rate adjustment to the following address:Commission Clerk, Office of Commission Clerk, Florida Public Service Commission, 2540 Shumard OakBoulevard, Tallahassee, FL 32399-0850. Such comments should refer to Docket No. 120015-EI.Those requiring special accommodations at the hearings should call the Office of Commission Clerk at850-413-6770 at least 48 hours before the hearing. Any person who is hearing- or speech-impairedshould contact the PSC by using the Florida Relay Service, available at 1-800-955-8771 (TDD) or 711.Affordable fuel sourcesBy using cleaner, more affordable fuelsources, such as natural gas, we cancontinue to offer electric bills that are amongthe lowest in the state and well below thenational average.Sources of electricity generation for the 12 months that ended on Feb. 29, 2012Natural Gas 66.93%Nuclear 18.65%Purchased Power 9.18%Coal 4.58%Oil 0.60%Solar 0.06%FPL Energy News is published byFlorida Power & Light CompanyP.O. Box 14000, Juno Beach, FL 334084 RATES EDITION APRIL-MAY 2012 | ENERGY NEWS