Item 7.01 Regulation FD Disclosure
On November 17, 2008, Florida Power & Light Company (FPL) issued a press release
regarding its intent to initiate a base rate proceeding in March 2009, with new
rates to take effect January 1, 2010 subject to the approval of the Florida
Public Service Commission. The press release also discussed FPL's proposal to
reduce its 2009 fuel charge, reflecting the recent reduction in fuel prices. A
copy of the press release is attached as Exhibit 99, which is incorporated
herein by reference.