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Session Laws, 1999
Volume 796, Page 45   View pdf image
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(3) (I) 1. THE COMPTROLLER SHALL COLLECT THE REVENUE
COLLECTED BY ELECTRIC COMPANIES UNDER SUBSECTION (B) OF THIS SECTION
AND PLACE THE REVENUE INTO THE FUND.

2. THE GENERAL ASSEMBLY MAY APPROPRIATE FUNDS
SUPPLEMENTAL TO THE FUNDS COLLECTED UNDER SUB-SUBPARAGRAPH 1 OF THIS
SUBPARAGRAPH

(II) THE FUND IS A CONTINUING, NONLAPSING FUND THAT IS NOT
SUBJECT TO § 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

(III) THE PURPOSE OF THE FUND IS TO ASSIST ELECTRIC
CUSTOMERS AS PROVIDED IN SUBSECTION (A)(1) OF THIS SECTION

(4) THE DEPARTMENT OF HUMAN RESOURCES, WITH OVERSIGHT BY
THE COMMISSION, SHALL DISBURSE THE FUNDS IN ACCORDANCE WITH THE
PROVISIONS OF THIS SECTION.

(5) IN ANY YEAR WHEN THERE ARE UNEXPENDED FUNDS, THOSE
FUNDS SHALL BE RETURNED TO THE CUSTOMER CLASSES PROPORTIONATE TO HOW
THE CUSTOMER CLASSES PAID INTO THE FUND.

7-513.

(A) (1) IN ACCORDANCE WITH THIS SUBSECTION, AN ELECTRIC COMPANY
SHALL BE PROVIDED A FAIR OPPORTUNITY TO RECOVER ALL OF ITS PRUDENTLY
INCURRED AND VERIFIABLE NET TRANSITION COSTS, SUBJECT TO FULL
MITIGATION, FOLLOWING THE COMMISSION'S DETERMINATION UNDER SUBSECTION
(B) OF THIS SECTION.

(2) A COMPETITIVE TRANSITION CHARGE, OR OTHER APPROPRIATE
MECHANISM THAT THE COMMISSION DETERMINES, MAY BE INCLUDED FOR
CUSTOMERS WHO ACCESS THE TRANSMISSION OR DISTRIBUTION SYSTEM OF THE
ELECTRIC COMPANY IN WHOSE DISTRIBUTION TERRITORY THE CUSTOMER IS
LOCATED. THE COSTS AUTHORIZED BY THE COMMISSION TO BE RECOVERED SHALL
BE ALLOCATED TO CUSTOMER CLASSES IN A MANNER THAT, AS NEARLY AS
REASONABLY POSSIBLE, DOES NOT EXCEED THE COST OF PROVIDING THE SERVICE
TO THOSE CLASSES OF CUSTOMERS, AVOIDING WHERE REASONABLY POSSIBLE ANY
INTERCLASS OR INTRACLASS CROSS SUBSIDY.

(3) (I) THE COMPETITIVE TRANSITION CHARGE MAYBE INCLUDED ON
BILLS TO CUSTOMERS FOR A PERIOD DETERMINED BY THE COMMISSION

(II) THE COMMISSION MAY ESTABLISH RECOVERY PERIODS OF
DIFFERENT LENGTHS FOR EACH ELECTRIC COMPANY AND FOR DIFFERENT
CATEGORIES OF TRANSITION COSTS.

(4) A COMPETITIVE TRANSITION CHARGE, OR OTHER APPROPRIATE
MECHANISM DETERMINED BY THE COMMISSION, MAY NOT APPLY TO ANY ON-SITE
GENERATED ELECTRICITY TO THE EXTENT OF:


 

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Session Laws, 1999
Volume 796, Page 45   View pdf image
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