Bill Text: FL S1086 | 2010 | Regular Session | Introduced

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Bill Title: Renewable Energy [EPSC]

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2010-04-30 - Died in Committee on Communications, Energy, and Public Utilities [S1086 Detail]

Download: Florida-2010-S1086-Introduced.html

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Florida Senate - 2010                                    SB 1086 
 
By Senator Detert 
23-00628-10                                           20101086__ 
1                        A bill to be entitled 
2         An act relating to renewable energy; amending s. 
3         366.91, F.S.; requiring that a purchase contract 
4         offered to producers of renewable energy contain 
5         payment provisions for energy and capacity based upon 
6         a public utility’s equivalent cost-recovery rate for 
7         certain clean energy projects rather than the 
8         utility’s full avoided costs; providing an effective 
9         date. 
10 
11  Be It Enacted by the Legislature of the State of Florida: 
12 
13         Section 1. Subsection (3) of section 366.91, Florida 
14  Statutes, is amended to read: 
15         366.91 Renewable energy.— 
16         (3) On or before January 1, 2006, each public utility must 
17  continuously offer a purchase contract to producers of renewable 
18  energy. The commission shall establish requirements relating to 
19  the purchase of capacity and energy by public utilities from 
20  renewable energy producers and may adopt rules to administer 
21  this section. The contract shall contain payment provisions for 
22  energy and capacity which are based upon the utility’s 
23  equivalent cost-recovery rate for projects constructed pursuant 
24  to s. 366.92(4) full avoided costs, as defined in s. 366.051; 
25  however, capacity payments are not required if, due to the 
26  operational characteristics of the renewable energy generator or 
27  the anticipated peak and off-peak availability and capacity 
28  factor of the utility’s avoided unit, the producer is unlikely 
29  to provide any capacity value to the utility or the electric 
30  grid during the contract term. Each contract must provide a 
31  contract term of at least 10 years. Prudent and reasonable costs 
32  associated with a renewable energy contract shall be recovered 
33  from the ratepayers of the contracting utility, without 
34  differentiation among customer classes, through the appropriate 
35  cost-recovery clause mechanism administered by the commission. 
36         Section 2. This act shall take effect July 1, 2010.