HB469 - Electric utilities; retail competition, aggregated competitive purchasers.

1 Co-Sponsor

Electric utilities; retail competition; aggregated competitive purchasers. Creates a limited exception to the requirement that the State Corporation Commission must find that a petition for certain competitive purchasers to aggregate their demands to become qualified to purchase retail electric energy is consistent with the public interest in order for the Commission to approve such petition. The bill provides that a customer seeking such approval may remunerate the utility for any adverse effects to the incumbent utility or its remaining utility customers contrary to the public interest as determined by the Commission. The bill also provides that such customers shall not be denied permission to procure retail electric energy from a competitive supplier and that such remuneration fee shall be recalculated by the Commission on a triennial basis from when a customer commences a competitive service agreement.