Florida Senate - 2022 SENATOR AMENDMENT Bill No. CS for CS for CS for SB 1024 Ì634476DÎ634476 LEGISLATIVE ACTION Senate . House . . . Floor: NC/2R . 03/04/2022 02:39 PM . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Senator Brandes moved the following: 1 Senate Amendment (with title amendment) 2 3 Delete lines 30 - 110 4 and insert: 5 Section 1. Subsections (1) and (5) of section 366.91, 6 Florida Statutes, are amended to read: 7 366.91 Renewable energy.— 8 (1) The Legislature finds that: 9 (a) It is in the public interest to continuepromotethe 10 development of renewable energy resources in this state in a 11 manner that is fair and equitable to all public utility 12 customers. Renewable energy resources have the potential to help 13 diversify fuel types to meet Florida’s growing dependency on 14 natural gas for electric production, minimize the volatility of 15 fuel costs, encourage investment within the state, improve 16 environmental conditions, and make Florida a leader in new and 17 innovative technologies. The development and maturation of the 18 solar energy industry, the substantial decline in the cost of 19 solar panels, and the increase in customer-owned or -leased 20 renewable generation support the redesign of net metering by the 21 commission. 22 (b) Customer-owned or -leased renewable generation is not 23 available to many public utility customers who lack the 24 financial resources to purchase or lease rooftop solar panels or 25 who reside in multitenant buildings. The substantial growth of 26 customer-owned or -leased renewable generation has resulted in 27 increased cross-subsidization of the cost of electric service 28 onto the public utility’s general body of ratepayers. Therefore, 29 the redesigned net metering rate structures required in 30 paragraph (5)(d) must ensure that public utility customers who 31 own or lease renewable generation pay reasonable costs of 32 electric service and are not cross-subsidized by the public 33 utility’s general body of ratepayers. 34 (5)(a)On or before January 1, 2009,Each public utility 35 shall develop a standardstandardizedinterconnection agreement 36 and net metering program for customer-owned or -leased renewable 37 generation. The commission shall establish requirements relating 38 to the expedited interconnection and net metering of customer 39 owned or -leased renewable generation by public utilities and 40 shallmayadopt new rules to administer this section. 41 (b) Effective January 1, 2024, public utility net metering 42 programs for customer-owned or -leased renewable generation must 43 provide that: 44 1. Public utility customers owning or leasing renewable 45 generation pay reasonable costs of electric service and are not 46 subsidized by the public utility’s general body of ratepayers; 47 and 48 2. All energy delivered by the public utility is purchased 49 at the public utility’s applicable retail rate and that all 50 energy delivered by the customer-owned or -leased renewable 51 generation to the public utility is credited to the customer at 52 75 percent of the public utility’s retail rate. 53 54 ================= T I T L E A M E N D M E N T ================ 55 And the title is amended as follows: 56 Delete lines 3 - 5 57 and insert: 58 amending s. 366.91, F.S.;