![]() (3) educate utility customers about anticipated changes in the provision of retail electric service to ensure that the benefits of the competitive market reach all customers and ![]() (2) allow utilities with uneconomic generation-related assets and purchased power contracts to recover the reasonable excess costs over market of those assets and purchased power contracts (1) implement on January 1, 2002, a competitive retail electric market that allows each retail customer to choose the customer's provider of electricity and that encourages full and fair competition among all providers of electricity (b) The legislature finds that it is in the public interest to: As a result, this chapter is enacted to protect the public interest during the transition to and in the establishment of a fully competitive electric power industry. (a) The legislature finds that the production and sale of electricity is not a monopoly warranting regulation of rates, operations, and services and that the public interest in competitive electric markets requires that, except for transmission and distribution services and for the recovery of stranded costs, electric services and their prices should be determined by customer choices and the normal forces of competition. ![]() RESTRUCTURING OF ELECTRIC UTILITY INDUSTRY RESTRUCTURING OF ELECTRIC UTILITY INDUSTRYĬHAPTER 39. ![]()
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