SB 0555 Addresses ability of certain aluminum smelters and cities to purchase energy outside of PSC oversight
Sponsor:Kinder Co-Sponsor(s)
LR Number:1791S.12T Fiscal Note:1791-12
Committee:Commerce and Environment
Last Action:05/22/03 - Signed by Governor (w/EC) Journal page:S1713
Effective Date:Emergency Clause
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Current Bill Summary

CCS/HS/HCS/SS/SCS/SB 555 - This act allows certain aluminum smelting facilities to contract for the purchase of electric power and energy and delivery services and such contract shall not be subject to Public Service Commission (PSC) jurisdiction regarding rates. Such facility shall not resell the electric power and energy to any party except the original provider.

The initial contract must meet certain criteria. No local electric service utility shall have any obligation to supply or deliver backup, peaking for emergency power to the facility. Once the aluminum smelting facility has purchased electric power pursuant to this act, no past supplier shall have any obligation to provide electric power and energy and delivery services except as required by written contract. The provisions of the act are recognized as being highly unique and shall not be interpreted as condoning the suitability of retail electric restructuring.

The act also expands the ability of cities to procure electric current and ancillary services not only from other cities but from other lawful providers. Such a contract may be for a period and upon such terms as the parties agree and will not require regulatory or public approval beyond the approval of the governing body of the city.

This act has an emergency clause.