2022 Legislature                                          SB 350
    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.
   11  Be It Enacted by the Legislature of the State of Florida:
   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  1,000 500 gigawatt 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 of the 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.