Bill Text: FL S0156 | 2011 | Regular Session | Introduced
Bill Title: Renewable Energy
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-05-07 - Indefinitely postponed and withdrawn from consideration [S0156 Detail]
Download: Florida-2011-S0156-Introduced.html
Florida Senate - 2011 SB 156 By Senator Detert 23-00022-11 2011156__ 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, 2011.