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2001 SESSION
HB 2853 Electric utility restructuring; rate caps and wires charges.
Introduced by: H. Morgan Griffith (by request) | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Electric utility restructuring; rate caps and wires charges for municipalities. Provides that rates for municipalities and other governmental customers purchasing bundled electric transmission, distribution and generation services for governmental uses from an incumbent utility shall be the rates in effect for each incumbent utility as of January 1, 2001, and shall continue through the capped rate period applicable to all other types of customers. Methods used to calculate wires charges and the market price of generation for municipal customers shall be consistent with the methodologies approved by the State Corporation Commission.
FULL TEXT
HISTORY
- 01/19/01 House: Presented & ordered printed 010051816
- 01/19/01 House: Referred to Committee on Corporations, Insurance and Banking
- 02/01/01 House: Passed by in C. I. B. with letter (25-Y 0-N)