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2 Document(s) [ Subject: Electric utility stranded costs and refunds ]
Committee: | Joint Electric Utility Restructuring, Legislative Oversight | |
Title: | Interim Report | |
Library Catalog Title: | Report to the 77th Legislature / Electric Utility Restructuring Legislative Oversight Committee. | |
Subjects: | Alternative energy | Electric Reliability Council of Texas | Electric utility deregulation | Electric utility stranded costs and refunds | Providers of last resort | Public Utility Commission of Texas | Renewable energy | | |
Library Call Number: | L1836.76 el25 | |
Session: | 76th R.S. (1999) | |
Online version: | View report [130 pages File size: 1,121 kb] | |
Charge: | This report should address the charge below. | |
1. | The Joint Committee on Oversight of Electric Utility Restructuring was created by SB 7, 76th R.S.. The committee is charged with overseeing the implementation of SB 7, 76th Legislature, the electric utility restructuring bill, and monitoring its effectiveness. Under SB 7, 76th Legislature, the electric utility market will be opened to competition by January 2002. The joint committee includes five members of the Texas Senate, appointed by the lieutenant governor, and five members of the Texas House of Representatives, appointed by the speaker. The committee is chaired by Sen. David Sibley and Rep. Steve Wolens, authors of SB 7, 76th Legislature. | |
Committee: | Senate Electric Utility Restructuring, Interim | |
Title: | Interim report | |
Library Catalog Title: | Report to the 76th Legislature. | |
Subjects: | Air quality | Alternative energy | Electric Reliability Council of Texas | Electric utility deregulation | Electric utility rates and charges | Electric utility stranded costs and refunds | Electricity transmission and distribution | Environmental protection | Providers of last resort | Public Utility Regulatory Act | Renewable energy | Wind energy | | |
Library Call Number: | L1836.75 el25 | |
Session: | 75th R.S. (1997) | |
Online version: | View report [213 pages File size: 8,279 kb] | |
Charges: | This report should address the charges below. | |
1. | Study and determine any needed changes in the Public Utility Regulatory Act and related statutes to create a competitive Texas electric market that is open to all classes of retail customers. Such review shall include but not be limited to the following issues: | |
2. | An appropriate date for opening the market to direct end-use customer access, and whether a phase-in program for public schools or other governmental units is warranted | |
3. | Methods for quantification of a utility's investments that would be uneconomic in a fully competitive market (stranded costs) and appropriate methods for recovery of costs (including rate freezes, adjustments to depreciation, transition charges, securitization); | |
4. | Balancing rate reductions with recovery of stranded costs during the transition to a competitive market; | |
5. | The basic structural requirements for the competitive market to serve as an effective and efficient replacement for traditional regulation; | |
6. | Provisions for municipal and cooperative utilities recognizing the importance of maintaining local control of community-owned systems and protecting the financial integrity of cooperative and municipal utilities; | |
7. | Safeguards necessary for customer protection in a fully competitive marketplace (including designation of a provider of last resort, protections for low-income customers, obligations to be imposed on all providers, ability of providers to serve customers on an aggregated basis, and fair marketing and sales practices); | |
8. | System reliability and service quality standards needed to ensure safe and reliable power and the role of the independent system operator in a fully competitive market; | |
9. | Environmental issues relating to a competitive marketplace; | |
10. | Development of renewable energy resources such as windpower in a competitive marketplace; and | |
11. | Scope and nature of the continuing role of regulation in a deregulated electric power industry including oversight of market power. | |
12. | Make recommendations for legislative and regulatory action, if necessary. |
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