2017 -- S 0874

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LC002678

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2017

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A N   A C T

RELATING TO PUBLIC UTILITIES AND CARRIERS -- ELECTRIC GENERATION

SERVICE

     Introduced By: Senators Lombardo, Quezada, McCaffrey, Jabour, and Archambault

     Date Introduced: May 11, 2017

     Referred To: Senate Commerce

     (Lieutenant Governor)

It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 39-1 of the General Laws entitled "Public Utilities Commission" is

hereby amended by adding thereto the following section:

     39-1-27.13. Alternative suppliers and purchase of receivables program.

     (a) The general assembly recognizes the importance of competitive choice in electric

generation service.

     (b) For electric suppliers who have chosen the complete billing service, as described in

Narragansett Electric Company's Terms and Conditions for Nonregulated Power Producers,

R.I.P.U.C. No. 1191, Section 2.1.1, the electric distribution company shall make timely payments

to such suppliers in accordance with this section. The distribution company shall:

     (1) Bill all of the electric supplier's customers in a service class according to complete

billing;

     (2) Pay such suppliers the full amounts due from customers for generation services in a

time period consistent with the average payment period of the participating class of customer, less

a percentage of such amounts that reflects the average of the uncollectible bills for the

participating customer classes of the electric distribution company and other reasonable

development, operating or carrying costs incurred, as approved by the commission.

     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO PUBLIC UTILITIES AND CARRIERS -- ELECTRIC GENERATION

SERVICE

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     This act would expand the competitive retail purchase of electricity by authorizing the

creation of a purchase of receivables program which requires electric distribution companies to

make timely payments to the suppliers of their electricity.

     This act would take effect upon passage.

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LC002678

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