The Electricity Competition and Reliability Act: Hearings Before the Subcommittee on Energy and Power of the Committee on Commerce, House of Representatives, One Hundred Sixth Congress, First Session, on H.R. 2944, October 5 and 6, 1999, Volume 4

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Page 189 - Interior, who shall transmit and dispose of such power and energy in such manner as to encourage the most widespread use thereof at the lowest possible rates to consumers consistent with sound business principles, the rate schedules to become effective upon confirmation and approval by the Federal Power Commission.
Page 104 - NARUC's members regulate the retail rates and services of electric, gas, water and telephone utilities. 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 that are just, reasonable and nondiscriminatory for all consumers.
Page 104 - The NARUC is a quasi-governmental nonprofit organization founded in 1889. Within its membership are the governmental agencies of the...
Page 272 - Chairman and members of the Subcommittee, thank you for allowing me to testify before you today on HR 2944, the Electricity Competition and Reliability Act of 1999.
Page 315 - Second Report on Market Issues in the California Power Exchange Energy Markets...
Page 57 - It would also give the Commission explicit authority to address market power in wholesale markets by requiring a public utility to file and implement a market power mitigation plan.
Page 203 - The 35 million consumers served by these community-based systems continue to have a strong interest in the Committee's activities with regard to restructuring of the industry. Electric cooperatives comprise a unique component of the industry. Consumerowned, consumer-directed electric cooperatives provide their member-consumers the opportunity to exercise control over their own energy destiny. As the electric utility industry restructures, the electric cooperative will be an increasingly important...
Page 274 - Furthermore, the competitive marketplace will force energy suppliers to replace or "upgrade" standing equipment before it falls, since installation of more efficient technology offers lower costs to customers and the opportunity to hold or capture market share for competitive energy suppliers. We expect that energy generation equipment will come and go in the marketplace in a manner that strongly resembles that of modem computers— assets which outlive their economic lives long before they cease...
Page 114 - NARUC cannot support reliability language that fails to provide a continuing role for States in ensuring reliability of all aspects of electrical service, including generation, transmission, and power delivery services or results in FERC preemption of State authority to ensure safe and reliable service to retail consumers. State officials will be held accountable by the public when the lights fail to come on.
Page 274 - ... times while the owner continues to depreciate the original investment. Shortening the time over which this equipment depreciates would remove an impediment to investment in what is otherwise an efficient and environmentally beneficial technology. New and small turbines have different physical properties and will generally operate under quite different conditions than large turbine units employed by traditional electric utilities and, consequently, will have different service lives. Further, the...

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