HB 901

1	A bill to be entitled
2	An act relating to electric utilities; creating s. 366.88,
3	F.S.; authorizing an electric utility to recover costs of
4	and earn a specified rate of return on investments in and
5	installations of voltage regulation technologies under
6	certain circumstances; providing an effective date.
7
8	Be It Enacted by the Legislature of the State of Florida:
9
10	Section 1.  Section 366.88, Florida Statutes, is created to
11	read:
12	366.88  Voltage regulation technologies; cost recovery and
13	return on investment.-An electric utility may recover the costs
14	of and earn a 15-percent rate of return from its ratepayers on
15	investments in and installations of voltage regulation
16	technologies that reduce energy consumption, improve grid
17	efficiency, dynamically raise or lower voltage, and are at least
18	99 percent efficient across at least 90 percent of the load
19	curve.
20	Section 2.  This act shall take effect upon becoming a law.

CODING: Words stricken are deletions; words underlined are additions.