an electric company to transfer or sell certain generation facilities or assets in a
certain manner, subject to certain review by the Commission for certain purposes;
providing for the opportunity to recover certain costs by certain means and
secured or obtained in certain manners; requiring the phased implementation of
customer choice for electric customers in the State in a certain manner by certain
dates, subject to Commission determination and certain contingencies;
establishing the obligation of an electric company to serve customers after a
certain date; requiring the implementation of competitive metering and billing on
certain dates; providing for investigation of market power in certain manners,
subject to certain remedial action by the Commission; altering the class of entities
that contribute to the costs and expenses of the Commission; providing for
reciprocity of customer choice with respect to certain other jurisdictions;
providing for certain long-range planning for certain regulated utility services;
requiring certain tariff and rate filings for certain regulated utility services;
eliminating a certain required plan on the State's generating needs; altering
certain criteria for obtaining a certificate of public convenience and necessity for
a generating station; requiring certain electric companies to maintain certain
percentages of renewable energy resources under certain circumstances; requiring
the Secretary of Natural Resources to use certain funds for certain purposes;
providing that certain provisions of the Uniform Commercial Code do not apply
to certain property; providing for the adoption of certain regulations; defining
certain terms; providing that provisions of this Act are severable; providing for
the effective dates of this Act; and generally relating to restructuring of the
electric utility industry.

FOR the purpose of enabling the restructuring of the electric utility industry of the
State in a certain manner, subject to oversight of the Public Service
Commission; stating the findings and declaration of intent of the General
Assembly; allowing the Commission to require certain consumer education
programs, customer information, nondiscrimination policies, and operational
requirements; requiring the Commission to order certain universal programs;
providing for the implementation of standard offer service in a certain manner;
prohibiting the Commission from requiring divestiture of certain assets;
requiring the Commission to ensure the creation of certain competitive
electricity services in a certain manner; allowing the Commission to adopt
alternative forms of regulation for certain regulated services; requiring the
Commission to limit certain rates for a certain period; requiring the Commission
to reduce certain rates for a certain time under certain circumstances; requiring
an electric company to provide certain services in certain territory; requiring
certain persons to be licensed by the Commission before providing electricity
supply services in the State, subject to certain requirements and enforcement
mechanisms; requiring the Commission to adopt certain regulations or issue
certain orders by a certain time; requiring certain electricity suppliers to provide
certain information in a certain manner; providing that certain provisions of

this Act may not be construed as preventing the application of certain

protections of laws; requiring the Department of the Environment; in
consultation with the Commission, to adopt certain measures regarding certain
environmental programs; requiring the Commission to consider certain evidence