The proposed rule development involves the creation of new rule Chapter 62-16, Florida Administrative Code, related to implementation of the Florida Renewable Energy Technologies and Energy Efficiency Act, Sections 377.801 – 377.806, Florida Statutes (“F.S”), as enacted in Senate Bill 888, signed June 19, 2006. The proposed rule is to provide for application requirements, provide for ranking of applications, and administer the awarding of grants under the Renewable Energy Technologies Grants Program; and to develop rebate applications and administer the issuance of rebates for the Solar Energy Systems Incentives Program. The proposed rule Chapter is also to implement the provisions of the corporate tax incentives provided for renewable energy technologies pursuant to Section 220.192, F.S., as provided in Senate Bill 888, signed June 19, 2006.