04/22/24 - 117 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/9bh4zbtr
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PUC Begins Review Of Competitive Safeguards For Electric Industry, Customers
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The Public Utility Commission this week began an evaluation of competitive safeguards to govern the relationships between electric distribution companies, electric generation suppliers and customers.
“As regulators, one of our foremost challenges is making sure we keep up with the industries we are regulating,” said Commissioner Robert F. Powelson in a motion. “Given the changes in the electric industry since our regulations were enacted, I believe it is prudent to conduct a review of those regulations and make any improvements necessary to ensure they are designed to best protect the public interest.”
The Commission voted 5-0 to initiate an evaluation of the Competitive Safeguards Regulations at 52 Pa. Code §§ 54.121 – 123 and draft a proposed rulemaking order.
The safeguards, which were codified in July 2000, were designed to assure the provision of direct access on equal and nondiscriminatory terms, to prevent cross subsidization between EDCs and their affiliated suppliers, to prohibit unfair or deceptive practices by suppliers, and to establish and maintain an effective and vibrant competitive market in the purchase and sale of retail electric energy in Pennsylvania.
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3/1/2010 |
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