Florida Senate - 2022 SB 350 By Senator Bean 4-00491-22 2022350__ 1 A bill to be entitled 2 An act relating to procedures for petitions for 3 utility rate relief; amending s. 366.06, F.S.; 4 increasing the maximum annual sales, expressed in 5 gigawatt hours, which natural gas or public electric 6 utilities may have to be eligible to request that the 7 Public Service Commission use certain procedures for 8 the utility’s petition for rate relief; making a 9 technical change; providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. Subsection (4) of section 366.06, Florida 14 Statutes, is amended to read: 15 366.06 Rates; procedure for fixing and changing.— 16 (4) A natural gas utility or a public electric utility 17 whose annual sales to end-use customers amount to less than 18 1,000
500gigawatt hours may specifically request the commission 19 to process its petition for rate relief using the agency’s 20 proposed agency action procedure, as prescribed by commission 21 rule. The commission shall enter its vote on the proposed agency 22 action within 5 months of the commencement date for final agency 23 action. If the commission’s proposed action is protested, the 24 final decision must be rendered by the commission within 8 25 months after ofthe date the protest is filed. At the expiration 26 of 5 months following the commencement date for final agency 27 action, if the commission has not taken action or if the 28 commission’s action is protested by a party other than the 29 utility, the utility may place its requested rates into effect 30 under bond, escrow, or corporate undertaking subject to refund, 31 upon notice to the commission and upon filing the appropriate 32 tariffs. The utility must keep accurate records of amounts 33 received as provided by subsection (3). 34 Section 2. This act shall take effect July 1, 2022.