JUNO BEACH, Fla.--(BUSINESS WIRE)--Nov. 6, 2006--Florida Power & Light Company (FPL) urged customers today to take advantage of significantly increased incentives and new programs that go into effect this month. The energy conservation initiatives are aimed at helping control energy use and costs. FPL's increased energy incentive plan approved by the Public Service Commission (PSC) demonstrates the company's commitment to partner with customers in energy conservation and cost control.

"We are committed to partner with our customers any way we can to help them control their electric bills," said Marlene Santos, vice president of customer service for FPL. "We want to give customers every tool possible to make their homes and businesses more energy efficient."

Programs with increased incentives and new programs available starting Nov. 1 are as follows:

    --  Residential Building Envelope -- An increase in the maximum
        incentive for ceiling insulation will more than double from
        $131 to $352. The maximum incentive for reflective roofs
        increases more than 50 percent -- from $240 to $367 per
        participant. In addition, FPL added an incentive for
        light-colored roof membranes and reflective roof coatings with
        a maximum of $1,200 per participant.

    --  Residential Low Income Weatherization -- There is an increase
        to the maximum incentive for air conditioning maintenance from
        $35 to $45 per participant. In addition, there is now an
        increase in the maximum incentive for weather stripping and
        caulking from $10 to $60. An additional $25 per participant
        was added for replacing room air conditioners with higher
        efficient units, further increasing incentives for this
        program.

    --  Business Building Envelope -- The program now offers
        window-related technologies such as energy-saving window
        tinting as part of the business envelope program. Increased
        incentives for ceiling insulation ($185/kW max); roof
        insulation ($219/kW max); reflective roofs $(579/kW max); and
        window treatments ($429/kW max) add extra value for business
        customers.

    --  Business Efficient Lighting -- Changing to more energy
        efficient lighting will soon pay more. There is an increase in
        this business energy program incentive from $101/kW to
        $132/kW.

In addition to the programs now available, these new programs will be offered starting Feb. 1, 2007:

    --  Business Water Heating program -- This new energy conservation
        program applies to the installation of qualifying heat
        recovery units or heat pump water heater equipment. The
        maximum incentive is $881/kW.

    --  Business Refrigeration -- Refrigeration can be one of the
        largest users of electricity for a business customer. That's
        why FPL will offer this new program that pays a maximum of
        $80/kW for the installation of qualifying controls and
        equipment that reduces electric strip heater usage in
        refrigeration equipment.

Programs that have been available or increased in incentive dollars since Sept. 1 are as follows:

    --  Residential Heating Ventilation and Air Conditioning (HVAC) --
        Earlier this summer the PSC approved an increase in the
        incentive per participant for upgrading air conditioning units
        to more energy efficient equipment that will increase the
        average incentive more than 50 percent -- from $260 to $400.

    --  Business HVAC -- Approved earlier this year, this program
        added incentives on new air conditioning technologies such as
        Demand Control Ventilation. Incentives for Direct Expansion
        (DX) air conditioners, chillers, energy recovery ventilators,
        thermal storage and more will offer large increases in
        incentives that will as much as double.

FPL continues to offer residential duct system testing and repair, the BuildSmart(R) program for new homes built with energy efficient features and equipment, and residential energy conservation services such as online home energy surveys. Business customers are encouraged to continue to take advantage of FPL's free business energy evaluations.

In addition to increased incentives and new programs customers will soon benefit from lower fuel costs. FPL has recently revised its 2007 fuel cost forecast with the PSC to reflect a drop in natural gas and oil prices in 2006 and 2007. Even so, the company still urges customers to take control of their energy use as a measure to control the bill.

"As we head into cooler weather, many customers will feel the need for heating during Florida's winter cold snaps. So, it's still important to be aware of your energy use during the cooler months to avoid higher electric bills," said Santos.

FPL forecasts its rates for residential and business customers to decline starting in January 2007. For more information about energy conservation or to participate in an online home energy survey, go to www.FPL.com.

Florida Power & Light Company is the principal subsidiary of FPL Group, Inc. (NYSE:FPL), nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. With annual revenues of more than $11 billion and a growing presence in 26 states, FPL Group is widely recognized as one of the country's premier power companies. Florida Power & Light Company serves 4.4 million customer accounts in Florida. FPL Energy, LLC, FPL Group's competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPL.com, www.FPLGroup.com and www.FPLEnergy.com.

Note to Editors: High-resolution logos and executive head shots are available for download at http://www.fpl.com/news/logos.shtml.

CONTACT: Florida Power & Light Company, Juno Beach
Corporate Communications Dept.
Pat Davis, 305-552-3888

SOURCE: Florida Power & Light Company