Electric utilities; retail competition, aggregated competitive purchasers.

Electric utilities; retail competition; aggregatedcompetitive purchasers. Creates a limited exception to the requirementthat the State Corporation Commission must find that a petition for certain competitive purchasers to aggregate their demands to becomequalified to purchase retail electric energy is consistent with thepublic interest in order for the Commission to approve such petition.The bill provides that a customer seeking such approval may remuneratethe utility for any adverse effects to the incumbent utility or itsremaining utility customers contrary to the public interest as determined by the Commission. The bill also provides that such customers shallnot be denied permission to procure retail electric energy from acompetitive supplier and that such remuneration fee shall be recalculatedby the Commission on a triennial basis from when a customer commencesa competitive service agreement.