| 1 | A bill to be entitled |
| 2 | An act relating to renewable energy; amending s. 366.91, |
| 3 | F.S.; requiring public utilities to generate a specified |
| 4 | percentage of their total energy production from renewable |
| 5 | energy sources; defining the term "total energy |
| 6 | production"; providing an effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
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| 10 | Section 1. Subsection (3) of section 366.91, Florida |
| 11 | Statutes, is amended to read: |
| 12 | 366.91 Renewable energy.- |
| 13 | (3) Effective On or before January 1, 2011 2006, each |
| 14 | public utility must generate at least 5 percent of its total |
| 15 | energy production exclusively from renewable energy sources. For |
| 16 | purposes of this subsection, the term "total energy production" |
| 17 | means all energy produced for distribution by a public utility |
| 18 | within 1 year. Each public utility must continuously offer a |
| 19 | purchase contract to producers of renewable energy. The |
| 20 | commission shall establish requirements relating to the purchase |
| 21 | of capacity and energy by public utilities from renewable energy |
| 22 | producers and may adopt rules to administer this section. The |
| 23 | contract shall contain payment provisions for energy and |
| 24 | capacity which are based upon the utility's full avoided costs, |
| 25 | as defined in s. 366.051; however, capacity payments are not |
| 26 | required if, due to the operational characteristics of the |
| 27 | renewable energy generator or the anticipated peak and off-peak |
| 28 | availability and capacity factor of the utility's avoided unit, |
| 29 | the producer is unlikely to provide any capacity value to the |
| 30 | utility or the electric grid during the contract term. Each |
| 31 | contract must provide a contract term of at least 10 years. |
| 32 | Prudent and reasonable costs associated with a renewable energy |
| 33 | contract shall be recovered from the ratepayers of the |
| 34 | contracting utility, without differentiation among customer |
| 35 | classes, through the appropriate cost-recovery clause mechanism |
| 36 | administered by the commission. |
| 37 | Section 2. This act shall take effect upon becoming a law. |