2017 -- H 6171 | |
======== | |
LC002578 | |
======== | |
STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2017 | |
____________ | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- ELECTRIC GENERATION | |
SERVICE | |
| |
Introduced By: Representatives Messier, Fellela, and McLaughlin | |
Date Introduced: April 28, 2017 | |
Referred To: House Corporations | |
(Lieutenant Governor) | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 39-1 of the General Laws entitled "Public Utilities Commission" is |
2 | hereby amended by adding thereto the following section: |
3 | 39-1-27.13. Alternative suppliers and purchase of receivables program. |
4 | (a) The general assembly recognizes the importance of competitive choice in electric |
5 | generation service. |
6 | (b) For electric suppliers who have chosen the complete billing service, as described in |
7 | Narragansett Electric Company's Terms and Conditions for Nonregulated Power Producers, |
8 | R.I.P.U.C. No. 1191, Section 2.1.1, the electric distribution company shall make timely payments |
9 | to such suppliers in accordance with this section. The distribution company shall: |
10 | (1) Bill all of the electric supplier's customers in a service class according to complete |
11 | billing; |
12 | (2) Pay such suppliers the full amounts due from customers for generation services in a |
13 | time period consistent with the average payment period of the participating class of customer, less |
14 | a percentage of such amounts that reflects the average of the uncollectible bills for the |
15 | participating customer classes of the electric distribution company and other reasonable |
16 | development, operating or carrying costs incurred, as approved by the commission. |
| |
1 | SECTION 2. This act shall take effect upon passage. |
======== | |
LC002578 | |
======== | |
| LC002578 - Page 2 of 3 |
EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- ELECTRIC GENERATION | |
SERVICE | |
*** | |
1 | This act would expand the competitive retail purchase of electricity by authorizing the |
2 | creation of a purchase of receivables program which requires electric distribution companies to |
3 | make timely payments to the suppliers of their electricity. |
4 | This act would take effect upon passage. |
======== | |
LC002578 | |
======== | |
| LC002578 - Page 3 of 3 |