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2002 SESSION
SB 637 Electricity utility restructuring; functional separation.
Introduced by: Kenneth W. Stolle | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Electricity utility restructuring; functional separation. Provides that following the separation of its generation, retail transmission and distribution functions, an incumbent electric utility shall continue to be deemed an electric utility that purchases fuel for the generation of electricity for purposes of fuel cost recovery. The measure further provides that an incumbent electric utility shall continue to be deemed an incumbent electric utility for purposes of payment of wires charges, and that the incumbent electric utility is authorized to pay wires charges to a generation affiliate of such incumbent electric utility created to accomplish functional separation.
FULL TEXT
HISTORY
- 01/18/02 Senate: Presented & ordered printed 024987536
- 01/18/02 Senate: Referred to Committee on Commerce and Labor
- 02/11/02 Senate: Continued to 2003 in Commerce and Labor (14-Y 0-N)