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2001 SESSION

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SB 1258 Electric restructuring: capped rates, change in supplier.

Introduced by: Thomas K. Norment, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Electric restructuring: capped rates; change in supplier. Requires that any customer who has received electric energy from a supplier other than its incumbent electric utility, and then asks to return to incumbent electric utility, shall be subject to a 12-month customer retention period. During the retention period, the customer shall receive electric service from the incumbent electric utility at the capped rates. This bill was incorporated into SB 1420.


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