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S.B. 1 VETOES
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(3) A PEOPLE'S COUNSEL WHO IS APPOINTED AFTER A TERM HAS BEGUN
SERVES FOR THE REST OF THE TERM AND UNTIL A SUCCESSOR IS APPOINTED AND
QUALIFIES.
(G) THE ATTORNEY GENERAL MAY REMOVE THE PEOPLE'S COUNSEL FOR
GOOD CAUSE SHOWN AFTER NOTICE AND AN OPPORTUNITY TO BE HEARD.
7-510.
(c) (1) Beginning on the initial implementation date, an electric company's
obligation to provide electricity supply and electricity supply service is stated by this
subsection.
(2) Electricity supply purchased from a customer's electric company is
known as standard offer service. A customer is considered to have chosen the
standard offer service if the customer:
(i) is not allowed to choose an electricity supplier under the phase
in of customer choice in subsection (a) of this section;
(ii) contracts for electricity with an electricity supplier and it is not
delivered;
(iii) cannot arrange for electricity from an electricity supplier;
(iv) does not choose an electricity supplier;
(v) chooses the standard offer service; or
(vi) has been denied service or referred to the standard offer service
by an electricity supplier in accordance with § 7-507(e)(6) of this subtitle.
(3) (I) [Any] EXCEPT AS PROVIDED UNDER SUBPARAGRAPH (II) OF
THIS PARAGRAPH, ANY obligation of an electric company to provide standard offer
service shall cease on July 1, 2003[, except that:
(i) electric].
(II) 1. ELECTRIC cooperatives and municipal electric utilities
may choose to continue providing standard offer service in their respective
distribution territories[,] and may cease offering that service after notifying the
Commission at least 12 months in advance[; and].
[(ii) 1. if the Commission finds that the electricity supply market
is not competitive or that no acceptable competitive proposal has been received to
supply electricity to those customers described under paragraph (2) of this subsection,
the Commission shall extend]
2. ON AND AFTER JULY 1, 2003, AN ELECTRIC COMPANY
CONTINUES TO HAVE the obligation to provide standard offer service to residential
and small commercial customers at a market price that permits recovery of the
verifiable, prudently incurred costs to procure or produce the electricity plus a
reasonable return.
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