Electric Power Industry: Hearings Before the Committee on Energy and Natural Resources, United States Senate, One Hundred Fourth Congress, Second Session, on the Competitive Change in the Electric Power IndustryU.S. Government Printing Office, 1996 - Competition |
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authority believe benefits Chairman Clean Air Act Commission's Committee competitive market concerns Congress consumers contracts customer choice decision distribution economic electric industry electric power industry electric utility electricity markets England ensure environment environmental facilities Federal Power Act FERC FERC's filed final rule GLAZER going impact implementation independent system operator investors issue jurisdiction legislation market power marketplace merger MOLER NARUC natural gas non-public utilities NOx emissions NRECA Open Access Rule open access transmission percent plants power markets power pools programs proposed public utilities PUHCA PURPA question rates recover recovery of stranded regional regulation reliability require restructuring retail competition retail customers retail stranded cost retail wheeling Rhode Island Senator BINGAMAN Senator BUMPERS Senator JEFFORDS Senator JOHNSTON stranded cost recovery stranded investment suppliers tariffs Thank tion tomers trans transition transmission access transmission service transmission system transmission tariffs tricity U.S. SENATOR unbundled Vermont wholesale
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Page 5 - Our chief objective is to serve the public interest by seeking to improve the quality and effectiveness of public regulation in America.
Page 101 - ... makers. The Council is a joint endeavor of the National Conference of State Legislators (NCSL), the National Association of Regulatory Utility Commissioners (NARUC), and relevant federal agencies. It is led by a steering committee including state legislators and state utility regulators, along with representatives from the Department of Energy (DOE), the Environmental Protection Agency (EPA), and the Federal Energy Regulatory Commission (FERC). While I am a member of the Council's Steering Committee,...
Page 5 - We have the obligation under State law to assure the establishment and maintenance of such energy utility services as may be required by the public convenience and necessity, and to ensure that such services are provided at rates and conditions which are just, reasonable and nondiscriminatory for all consumers.
Page 105 - Mr. Chairman and members of the committee, good morning, and thank you for the opportunity to...
Page 76 - Open Access Rule, the Commission will permit a public utility that is a seller under an existing wholesale requirements contract (defined as a contract executed on or before July 11, 1994) to recover legitimate, verifiable and prudently incurred wholesale stranded costs from a departing customer. The selling utility will be permitted such recovery if it can establish that it had a reasonable expectation of continuing to serve the departing customer beyond the expiration of the existing contract.
Page 66 - Thank you, Mr. Chairman. [The prepared statement of Hon. William L. Massey follows:] PREPARED STATEMENT OF WILLIAM L. MASSEY, COMMISSIONER, FEDERAL ENERGY REGULATORY COMMISSION I. INTRODUCTION Good morning. Thank you for inviting me here to testify today.
Page 41 - These pledges have come through the Edison Electric Institute, the American Public Power Association, and the National Rural Electric Cooperative Association.
Page 60 - Thank you, Mr. Chairman. That concludes my remarks. [The prepared statement of Mr.
Page 101 - ... timing of new market structures to serve their economies and citizens; • Electric industry restructuring must seek to deliver the benefits of competition and customer choice while preserving and promoting the essential public benefits that the franchise system has provided to the nation; and • Congressional action should focus, not on forcing an unnecessary uniformity on the states, but on assisting states and regions to address multi-state environmental and market power issues that are beyond...
Page 101 - ... tilt the competitive playing-field" between new and older facilities. In the Northeast and in Vermont we are especially concerned by this potential unfair economic advantage and by the air transport of increased emissions from these older plants. Congress could promote fair competition by eliminating this economic advantage, thereby reducing excess emissions and the costs they impose on downwind states. One possible mechanism called "old source review" — would impose pollution controls on these...