(G) "DISTRIBUTION TERRITORY" MEANS THE GEOGRAPHIC AREA IN WHICH AN
ELECTRIC COMPANY WAS PROVIDING ELECTRIC TRANSMISSION OR DISTRIBUTION
SERVICES TO CUSTOMERS ON JULY 1, 1999.
(II) "INDEPENDENT SYSTEM OPERATOR" MEANS AN ENTITY AUTHORIZED BY
THE FEDERAL ENERGY REGULATORY COMMISSION TO CONTROL A REGIONAL
TRANSMISSION GRID.
(H) (I) "INITIAL IMPLEMENTATION DATE" MEANS:
(1) JULY 1, 2000, FOR INVESTOR OWNED ELECTRIC COMPANIES;
(2) THE DATE OR DATES DETERMINED BY THE COMMISSION FOR
ELECTRIC COOPERATIVES AND MUNICIPAL UTILITIES; OR
(3) ANOTHER DATE OR DATES DETERMINED BY THE COMMISSION
UNDER § 7-510(B) OF THIS SUBTITLE.
(I) (J) "INTANGIBLE TRANSITION CHARGE" MEANS A NONEBYPASSABLE
RATE, CHARGE, OR SIMILAR APPROPRIATE MECHANISM FOR THE PROVISION,
AVAILABILITY, OR TERMINATION OF ELECTRIC SERVICE, AUTHORIZED TO BE
IMPOSED FOR THE RECOVERY OF QUALIFIED TRANSITION COSTS UNDER A
QUALIFIED RATE ORDER OF THE COMMISSION.
(J) (K) "INTANGIBLE TRANSITION PROPERTY" MEANS THE RIGHT, TITLE,
AND INTEREST OF AN ELECTRIC COMPANY OR ASSIGNEE IN A QUALIFIED RATE
ORDER, INCLUDING;
(1) ALL RIGHTS IN, TO, AND UNDER THE ORDER, INCLUDING RIGHTS TO
REVENUES, COLLECTIONS, CLAIMS, PAYMENTS, MONEY, OR OTHER PROPERTY AND
AMOUNTS ARISING FROM THE IMPOSITION OF INTANGIBLE TRANSITION CHARGES
UNDER THE ORDER; AND
(2) IN THE HANDS OF AN ASSIGNEE;
(I) THE RIGHT TO REQUIRE THE ELECTRIC COMPANY TO PROVIDE
ELECTRIC SERVICES, AND TO COLLECT AND REMIT THE INTANGIBLE TRANSITION
CHARGES AUTHORIZED IN THE QUALIFIED RATE ORDER; BUT
(II) NOT THE RIGHT OR DUTY TO PROVIDE ELECTRIC SERVICES.
(K) (L) "PUBLIC PURPOSE PROGRAM" MEANS:
(1) A UNIVERSAL SERVICE PROGRAM;
(2) A PROGRAM ENCOURAGING RENEWABLE ENERGY RESOURCES; OR
(3) ANOTHER PROGRAM IMPLEMENTED WITH THE INTENTION OF
FURTHERING A PUBLIC PURPOSE.
(L) (M) "QUALIFIED RATE ORDER" MEANS AN ORDER OF THE COMMISSION
APPROVING ONE OR MORE INTANGIBLE TRANSITION CHARGES.
|