BEECHER - NAWC

Water ComparedAppendix AState Telecommunications Electricity Natural Gas[a] [b] [c]Rhode Island 2/1/92. IntraLATA toll 8/1/96. Utility Restructuring Act was No legislative activitycompetition allowed (dial- enacted allowing retail choice reported.up basis).beginning 7/97 and continuing inphases.No regulatory activity1996. Alternative reported.regulation began. 6/97. HB 6288, the VoluntarySecuritization Bill, was introduced. 4/97. Utility filed toUtilities may securitize subject toPUC approval.7/97. 97-H-7003 enacted;Securitization law whose processesmust be established by PUC by12/31/97. First state to allowstatewide retail wheeling.12/97. PUC issued an orderaccepting interim rates and approvingretail choice for all consumers on111/98.Direct access for I 0% of all classesof customers by 7/97; phase-in to allcustomers by 7/98.provide supplier choice tocommercial and industrialcustomers.9/97. Utility's regulatoryplan approved.Stranded costs to be recoupedthrougb customer transition charge of2.8 center per kilowatt-hour from7/97 through 12/2000, and at rates setby the PUC through 2009.South Carolina 8/93. IntraLA TA toll 5/97. House speaker requested PSC No activity reported.competition allowed proposal by 1/98 for restructuring(IOXXX basis).electric industry.1996. Alternative 1997. Legislation to restructure andregulation began. phase-in retail wheeling beginningl/98 and going through 1/99 wereintroduced, but have not yet beenacted on (current 2-year legislativesession runs through 6/98).2/98. PSC issued Proposed ElectricRestructuring ImplementationProcess as requested by HouseSpeaker. The plan calls for a fiveyeartransition period followingpassage oflegislation to deregulatethe electric industry. Recovery ofreasonable verifiable stranded costsis allowed. Utilities would submitrecovery plans for approval by PSC.NAWC 131 September 1998