- Committee -

SCS/SB 555 - This act would allow 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 the Public Service Commission jurisdiction regarding rates.

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.

This act has an emergency clause.

CINDY KADLEC