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(d) Theprovisions of, the Election Code relating to notice and conduct of the election shall be followed to the extent practicable. Costs of the referendum election shall be borne by the affected municipal electric utility. (e) If a majority of the affected municipal electric utility's retail electric customersvote in favor of creating a separate electric utility authority, the affected municipal electric utility shall, no later thanJanuary 15, 2009, provide to each member of the Legislature whose district includes any portion of the electric service territory of the affected municipal electric utility a proposed charter that transfers operations of its electric, water, and' sewer utility businesses to a duly -created authority,' the governing board'of which shall proportionally represent the number of county and city ratepayers of the electric utility. Section 37, Laws of Florida, Chapter 2008-227. The specific Commission orders that are directly applicable to the City's right to provide retail electric servicein its existing service area are the Commiss'ion's, Territorial Orders identified above. Legal Issues Ultimately, the Town's and County's complaints ground in their desire for lower .electric rates..• For example, the Town's representatives have repeatedly stated that; if the City cannot provide 'service at the rates charged by FPL', the Town intends - assuming that it has the legal right and power to do so - to evict the City from the Town and thereafter to either set up its own electric utility or to choose another supplier. Similarly, the 'County has asked the PSC to declare that once the franchise agreement between the City and the County expires in 2017; the territorial ,,agreements approved •by the PSC will become invalid, and that there will be no limitations on the County's ability to grant another'successor utility an exclusive franchise to serve where the City now provides service in the unincorporated areas of.the County. Petition at 31. The•County also complains that the City's rates are higher than FPL's, Petition at 21-22, and about the City's transfer of 6 percent of its electric revenues to the City's General Fund. Petition at'21. Contrary to the Town's and 'County's positions, the Florida PSC has "exclusive and superior jurisdiction" over what utilities serve in what areas, and the existence, absence, or expiration of a franchise agreement is irrelevant to the PSC's jurisdiction and to the City's right and obligation to serve in its PSC -approved service area. 8 a3