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FL S1086
Bill
AI Summary
- Amends section 366.91, Florida Statutes to modify payment provisions for renewable energy purchase contracts offered by public utilities
- Changes payment basis from the utility's "full avoided costs" to the utility's "equivalent cost-recovery rate for projects constructed pursuant to s. 366.92(4)"
- Maintains requirement that public utilities continuously offer purchase contracts to renewable energy producers with minimum 10-year contract terms
- Preserves existing exemption allowing utilities to waive capacity payments when the renewable energy generator is unlikely to provide capacity value to the utility or grid
- Takes effect July 1, 2010
Legislative Description
Renewable Energy [EPSC]
Last Action
Died in Committee on Communications, Energy, and Public Utilities
4/30/2010
Committee Referrals
Communications, Energy, and Public Utilities1/20/2010
Full Bill Text
No bill text available