No. SB 1482
Filed under Local Government.
Electric Utility 10-year Site Plans; Revising requirements for estimates included in the 10-year site plan; requiring the Florida Public Service Commission to issue a final order within a specified timeframe after receiving a proposed plan; authorizing the commission to reject such plan under certain circumstances; requiring electric utilities to submit a revised plan within a specified timeframe upon such rejection, etc.
Plain English Summary
AI-GENERATEDThe Public Service Commission must now issue a binding final order approving, amending, or rejecting each electric utility's 10-year site plan, instead of merely classifying it 'suitable' or 'unsuitable' without binding effect.
Before approving a plan, the commission must find it reasonable and in the best interest of the utility's customers in this state, and may reject a plan that fails to comply with this section or commission rules.
A utility may no longer file for certification of a power plant site that isn't already designated in its current 10-year plan, and any plan amendment now needs commission approval rather than just notice.
Public hearings become mandatory for investor-owned utilities' plans, the commission must adopt review procedures consistent with chapter 120, and it must weigh four new factors, including the regulatory and compliance costs a plan passes to customers.
AIInstead of a non-binding 'suitable' or 'unsuitable' classification, the commission must now issue a final order approving, approving with amendments, or rejecting each 10-year site plan within 9 months of receiving it.
AIBefore issuing its final order, the commission must determine whether the plan is reasonable and in the best interest of the utility's customers in this state, and may reject a plan that does not comply with this section or commission rules.
AIA utility may no longer file for certification of a power plant site that is not already designated in its current 10-year site plan -- closing a route that previously let an undesignated site count as an automatic plan amendment once a certification application was filed.
AIA public hearing is now required whenever a 'public utility' as defined in section 366.02 -- one of Florida's investor-owned electric utilities -- files a 10-year site plan for commission review.
AIThe commission must adopt procedures, consistent with chapter 120, for considering and approving each electric utility's 10-year site plan, rather than handling that review on an ad hoc basis.
AIThe commission must now also consider a plan's cost-effectiveness against other options, the benefit of energy resources located inside Florida, and the adequacy of proposed demand-side management, in addition to weighing the regulatory and compliance costs a plan passes on to customers.