Sec. 3. Federal Power Act exemption
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/bill/119/hr/8400/ih/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A consumer-regulated electric utility— shall be exempt from regulation under the Federal Power Act ( 16 U.S.C. 791a et seq. ), including with respect to— rate regulation; corporate or financial oversight; transmission or distribution regulation; reliability standards under section 215 of that Act ( 16 U.S.C. 824o ); interconnection requirements; participation in regional transmission planning or cost allocation; and merger, consolidation, acquisition, or disposition approval under section 203 of that Act ( 16 U.S.C. 824b ); shall not be considered to be a public utility for purposes of that Act; shall not be considered to be a part of— the bulk-power system; or the Bulk Electric System (as defined by the Electric Reliability Organization); and shall not be required to register with the Electric Reliability Organization or comply with reliability standards, unless the consumer-regulated electric utility voluntarily elects to connect to the bulk-power system.
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