§ 1002. Standards for electric utility restructuring.
169 words·~1 min read·
/de/title-26/chapter-10-electric-utility-restructuring/1002A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The General Assembly declares that the following interdependent standards shall govern the Commission’s review and approval of each public utility’s restructuring plan, oversight of the transition process and regulation of the restructured electric utility industry pursuant to this chapter.
(1)The reliability of electric service to all customers in this State shall be maintained.
(2)On and after the implementation dates set forth in § 1003 of this title, customers shall have the right to choose among electric suppliers.
(3)Nothing contained herein shall have the effect of abrogating or amending contracts between public utilities and any of their customers in place on February 1, 1999.
(4)On or after May 1, 2006, it is the policy of the State that electric distribution companies subject to the oversight of the Commission and as part of their obligation to be standard offer service suppliers shall engage in integrated resource planning for the purpose of evaluating and diversifying their electric supply options, efficiently and at the lowest cost to their customers.