FPL's investments in fuel-efficient energy centers to continue to deliver exceptional savings to customers in 2014

  FPL's investments in fuel-efficient energy centers to continue to deliver
                   exceptional savings to customers in 2014

- Investments in fuel-efficient energy centers and upgraded nuclear plants in
2013 minimize increased expense due to rise in total cost of fuel

- Fuel cost, a pass-through charge from which FPL does not benefit, is primary
driver for increase

- With the Public Service Commission's approval of 2014 rates, FPL typical
residential bill to remain lowest in Florida and about 25 percent lower than
the national average. Finalized rates very close to preliminary projections
communicated in FPL's Aug. 30 news release

PR Newswire

JUNO BEACH, Fla., Dec. 3, 2013

JUNO BEACH, Fla., Dec. 3, 2013 /PRNewswire/ --Florida Power & Light Company
today announced that the cumulative customer fuel savings produced by FPL's
investments to increase the fuel efficiency of its power plants since 2001
have topped $6.5 billion while, at the same time, a total of approximately 64
million tons of carbon dioxide emissions have been avoided.

(Logo:http://photos.prnewswire.com/prnh/20120301/FL62738LOGO )

Of the more than $6.5 billion in total customer fuel savings since 2001,
approximately $580 million was saved during the past year alone. In fact, 2013
is expected to be FPL's most fuel-efficient year to date as the company's
plants continue to generate more electricity using less fuel than ever before.

"FPL's investments in fuel-efficient power plants that run on
American-produced natural gas continue to save our customers real money
without sacrificing our highly reliable electric service," said Eric Silagy,
president of FPL. "While we can't control the cost of fuel, we have nearly
eliminated our use of oil, and we continue to work hard to make our power
plants as efficient as possible to help decrease the amount of fuel used to
produce power, which, in turn, directly reduces the impact of those costs on
our customers."

While the costs of many other products and services have increased
significantly in recent years, FPL's typical residential bill continues to be
lower than it was several years ago thanks in large part to these
fuel-efficiency investments.

The fuel savings are helping hold down cost increases. Earlier today, the
Florida Public Service Commission approved updated rates that will result in a
net increase of less than $5 a month –17 cents a day or approximately 5
percent – on a typical, 1,000-kWh residential customer bill in January 2014.
At slightly less than $100, FPL's typical bill will remain significantly lower
than state and national averages, which are currently in the range of $124 to
$126, and the lowest among the state's 55 electric utilities.

The January 2014 adjustment is primarily due to a relatively small increase in
the overall total cost of fuel FPL uses to generate electricity. In 2013,
FPL's customer fuel charge was reduced to the lowest level in a decade. The
fuel component of a customer's bill reflects actual costs of fuel that FPL
purchases to generate electricity at its power plants, an expense FPL passes
directly on to customers with no markup. The price of fuel is determined by
global energy markets, not FPL.

As an example of the benefits of fuel efficiency for customers, FPL's recently
completed Cape Canaveral Next Generation Clean Energy Center uses about 33
percent less fuel to produce the same amount of electricity as the power plant
it replaced. Using less fuel is better for the environment, and it protects
customers from fluctuations in the price of fossil fuels. In July, FPL
demolished its 1960s-era Port Everglades power plant to make way for a new
clean energy center that will enter operation in 2016. The company's Riviera
Beach Next Generation Clean Energy Center is on schedule to begin generating
power for customers during the first half of 2014.

In addition to the fuel charge, FPL's January 2014 bill includes costs for
purchased power, nuclear development, completed nuclear upgrades, energy
conservation programs, environmental compliance and other non-fuel components
of electric service. There is no impact to 2014 rates from FPL's recently
announced selection of proposals for a new natural gas pipeline system that
will bring additional clean, domestic fuel to meet the growing electricity
needs of Florida's economy in the years ahead.

FPL previously provided estimates in a news release on Aug. 30 to help
customers plan ahead for 2014. Customers can visit www.FPL.com/rates to use
FPL's online calculator to estimate their 2014 bill based on their individual
energy use. FPL also offers energy-efficiency surveys online and in-person
that provide personalized savings plans filled with energy-saving tips and
recommendations. Residential customers can visit www.FPL.com/OHES to take the
survey online, while business customers can visit www.FPL.com/BEE to schedule
an in-person evaluation. FPL offers a variety of energy-saving incentives and
other programs such as FPL Budget Billing®, which helps to even out bills
throughout the year so a customer pays about the same amount each month.

FPL's Typical 1,000-kWh Residential    2013*            January 2014
Customer Bill                          $95.20           $99.95
Bill totals based on FPL's 1,000-kWh residential rates for fuel, capacity,
nuclear, environmental and conservation cost recovery clauses; the storm
charge; and the state gross receipts tax. *Figure reflects the average total
of FPL's 1,000-kWh residential bill January 2013 through December 2013.

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 and is a leading Florida employer with approximately 10,000 employees
as of year-end 2012. During the five-year period ended December 31, 2012, the
company delivered the best service reliability among Florida investor-owned
utilities. As of year-end 2012, its typical residential customer bills are the
lowest in Florida, and based on data available in July 2012, are about 26
percent below the national average. A clean energy leader, FPL has one of the
lowest emissions profiles and one of the leading energy efficiency programs
among utilities nationwide. FPL is a subsidiary of Juno Beach, Fla.-based
NextEra Energy, Inc. (NYSE: NEE). For more information, visit www.FPL.com.

Cautionary Statements And Risk Factors That May Affect Future Results

This press release contains "forward-looking statements" within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are not statements of historical facts, but
instead represent the current expectations of NextEra Energy, Inc. (together
with its subsidiaries, NextEra Energy) regarding future operating results and
other future events, many of which, by their nature, are inherently uncertain
and outside of NextEra Energy's control. In some cases, you can identify the
forward-looking statements by words or phrases such as "will," "will result,"
"expect," "anticipate," "believe," "intend," "plan," "seek," "aim,"
"potential," "projection," "forecast," "predict," "goals," "target,"
"outlook," "should," "would" or similar words or expressions. You should not
place undue reliance on these forward-looking statements, which are not a
guarantee of future performance. The future results of NextEra Energy are
subject to risks and uncertainties that could cause actual results to differ
materially from those expressed or implied in the forward-looking statements.
These risks and uncertainties include, but are not limited to, the following:
effects of extensive regulation of NextEra Energy's business operations;
inability of NextEra Energy to recover in a timely manner any significant
amount of costs, a return on certain assets or an appropriate return on
capital through base rates, cost recovery clauses, other regulatory mechanisms
or otherwise; impact of political, regulatory and economic factors on
regulatory decisions important to NextEra Energy; risks of disallowance of
cost recovery based on a finding of imprudent use of derivative instruments;
effect of any reductions to or elimination of governmental incentives that
support renewable energy projects; impact of new or revised laws, regulations
or interpretations or other regulatory initiatives on NextEra Energy; effect
on NextEra Energy of potential regulatory action to broaden the scope of
regulation of over-the-counter (OTC) financial derivatives and to apply such
regulation to NextEra Energy; capital expenditures, increased operating costs
and various liabilities attributable to environmental laws, regulations and
other standards applicable to NextEra Energy; effects on NextEra Energy of
federal or state laws or regulations mandating new or additional limits on the
production of greenhouse gas emissions; exposure of NextEra Energy to
significant and increasing compliance costs and substantial monetary penalties
and other sanctions as a result of extensive federal regulation of its
operations; effect on NextEra Energy of changes in tax laws and in judgments
and estimates used to determine tax-related asset and liability amounts;
impact on NextEra Energy of adverse results of litigation; effect on NextEra
Energy of failure to proceed with projects under development or inability to
complete the construction of (or capital improvements to) electric generation,
transmission and distribution facilities, gas infrastructure facilities or
other facilities on schedule or within budget; impact on development and
operating activities of NextEra Energy resulting from risks related to project
siting, financing, construction, permitting, governmental approvals and the
negotiation of project development agreements; risks involved in the operation
and maintenance of electric generation, transmission and distribution
facilities, gas infrastructure facilities and other facilities; effect on
NextEra Energy of a lack of growth or slower growth in the number of customers
or in customer usage; impact on NextEra Energy of severe weather and other
weather conditions; risks associated with threats of terrorism and
catastrophic events that could result from terrorism, cyber attacks or other
attempts to disrupt NextEra Energy's business or the businesses of third
parties; risk of lack of availability of adequate insurance coverage for
protection of NextEra Energy against significant losses; risk of increased
operating costs resulting from unfavorable supply costs necessary to provide
full energy and capacity requirement services; inability or failure to hedge
effectively assets or positions against changes in commodity prices, volumes,
interest rates, counterparty credit risk or other risk measures; potential
volatility of NextEra Energy's results of operations caused by sales of power
on the spot market or on a short-term contractual basis; effect of reductions
in the liquidity of energy markets on NextEra Energy's ability to manage
operational risks; effectiveness of NextEra Energy's hedging and trading
procedures and associated risk management tools to protect against significant
losses; impact of unavailability or disruption of power transmission or
commodity transportation facilities on sale and delivery of power or natural
gas; exposure of NextEra Energy to credit and performance risk from customers,
hedging counterparties and vendors; risks of failure of counterparties to
perform under derivative contracts or of requirement for NextEra Energy to
post margin cash collateral under derivative contracts; failure or breach of
NextEra Energy's information technology systems; risks to NextEra Energy's
retail businesses of compromise of sensitive customer data; risks to NextEra
Energy of volatility in the market values of derivative instruments and
limited liquidity in OTC markets; impact of negative publicity; inability to
maintain, negotiate or renegotiate acceptable franchise agreements; increasing
costs of health care plans; lack of a qualified workforce or the loss or
retirement of key employees; occurrence of work strikes or stoppages and
increasing personnel costs; NextEra Energy's ability to successfully identify,
complete and integrate acquisitions; environmental, health and financial risks
associated with ownership of nuclear generation facilities; liability of
NextEra Energy for significant retrospective assessments and/or retrospective
insurance premiums in the event of an incident at certain nuclear generation
facilities; increased operating and capital expenditures at nuclear generation
facilities resulting from orders or new regulations of the Nuclear Regulatory
Commission; inability to operate any owned nuclear generation units through
the end of their respective operating licenses; liability for increased
nuclear licensing or compliance costs resulting from hazards posed to owned
nuclear generation facilities; risks associated with outages of owned nuclear
units; effect of disruptions, uncertainty or volatility in the credit and
capital markets on NextEra Energy's ability to fund its liquidity and capital
needs and meet its growth objectives; inability to maintain current credit
ratings; risk of impairment of liquidity from inability of creditors to fund
their credit commitments or to maintain their current credit ratings; poor
market performance and other economic factors that could affect NextEra
Energy's defined benefit pension plan's funded status; poor market performance
and other risks to the asset values of nuclear decommissioning funds; changes
in market value and other risks to certain of NextEra Energy's investments;
effect of inability of NextEra Energy subsidiaries to upstream dividends or
repay funds to NextEra Energy or of NextEra Energy's performance under
guarantees of subsidiary obligations on NextEra Energy's ability to meet its
financial obligations and to pay dividends on its common stock; and effect of
disruptions, uncertainty or volatility in the credit and capital markets of
the market price of NextEra Energy's common stock. NextEra Energy discusses
these and other risks and uncertainties in its annual report on Form 10-K for
the year ended December 31, 2012 and other SEC filings, and this press release
should be read in conjunction with such SEC filings made through the date of
this press release. The forward-looking statements made in this press release
are made only as of the date of this press release and NextEra Energy
undertakes no obligation to update any forward-looking statements.

SOURCE Florida Power & Light Company

Website: http://www.fpl.com
Contact: Florida Power & Light Co. Media Line: (561) 694-4442
 
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