(IV) ON JULY 1, 2002, ALL CUSTOMERS OF EACH ELECTRIC
COMPANY SHALL HAVE THE OPPORTUNITY FOR CUSTOMER CHOICE; AND

(V) BY JULY 1, 2003, UNDER A SEPARATE SCHEDULE ADOPTED BY
THE COMMISSION, ALL CUSTOMERS OF EACH ELECTRIC COOPERATIVE SHALL HAVE
THE OPPORTUNITY FOR CUSTOMER CHOICE.

(2) (I) IN ACCORDANCE WITH THIS PARAGRAPH, THE COMMISSION
MAY ADOPT A SEPARATE SCHEDULE FOR MUNICIPAL ELECTRIC UTILITIES FOR THE
IMPLEMENTATION OF CUSTOMER CHOICE.

(II) A MUNICIPAL ELECTRIC UTILITY MAY NOT BE REQUIRED TO
MAKE ITS SERVICE TERRITORY AVAILABLE FOR CUSTOMER CHOICE UNLESS IT
ELECTS TO DO SO.

(III) IF A MUNICIPAL ELECTRIC UTILITY ELECTS TO ALLOW
CUSTOMER CHOICE, THE MUNICIPAL ELECTRIC UTILITY SHALL FILE A PROPOSED
PLAN AND SCHEDULE WITH THE COMMISSION.

(IV) THE COMMISSION MAY APPROVE EACH MUNICIPAL ELECTRIC
UTILITY PLAN AND SCHEDULE AFTER CONSIDERING THE FEATURES THAT
DISTINGUISH THE MUNICIPAL ELECTRIC UTILITY FROM OTHER ELECTRIC
COMPANIES.

(V) NOTHING IN THIS SUBTITLE MAY BE CONSTRUED TO REQUIRE
THE FUNCTIONAL, OPERATIONAL, STRUCTURAL, OR LEGAL SEPARATION OF THE
REGULATED AND NONREGULATED OPERATIONS OF THE MUNICIPAL ELECTRIC
UTILITY.

(3) ON OR BEFORE OCTOBER 1, 2003, EACH MUNICIPAL ELECTRIC
UTILITY SHALL REPORT. SUBJECT TO § 2-1246 OF THE STATE GOVERNMENT
ARTICLE, TO THE GENERAL ASSEMBLY ON THE STATUS OF THE OPPORTUNITY FOR
CUSTOMER CHOICE IN ITS SERVICE TERRITORY, INCLUDING:

(I) IF THE SERVICE TERRITORY OF THE MUNICIPAL ELECTRIC
UTILITY IS AVAILABLE FOR CUSTOMER CHOICE, ITS EXPERIENCE, THROUGH JULY 1,
2003, WITH THE TRANSITION TO CUSTOMER CHOICE; OR

(II) IF THE SERVICE TERRITORY OF THE MUNICIPAL ELECTRIC
UTILITY IS NOT AVAILABLE FOR CUSTOMER CHOICE AS OF JULY 1, 2003, ITS
PROPOSED INTENTION TO MAKE CUSTOMER CHOICE AVAILABLE IN THE FUTURE.

(4) IF A MUNICIPAL ELECTRIC UTILITY SERVES CUSTOMERS OUTSIDE
ITS DISTRIBUTION TERRITORY, ELECTRICITY SUPPLIERS LICENSED UNDER § 7-507
OF THIS SUBTITLE MAY SERVE THE CUSTOMERS IN THE DISTRIBUTION TERRITORY
OF THE MUNICIPAL ELECTRIC UTILITY.

(B) FOR GOOD CAUSE SHOWN AND IF THE COMMISSION FINDS THE ACTION
TO BE IN THE PUBLIC INTEREST, THE COMMISSION MAY:

(1) ACCELERATE OR DELAY THE INITIAL IMPLEMENTATION DATE OF
JULY 1, 2000 BY UP TO 3 MONTHS; OR