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§3133-A.__Significant agreements and contracts relating to |
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| generating capacity or energy capacity prohibited |
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| without prior order of the commission |
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| | Sec. 5. 35-A MRSA §3133-A, sub-§2, as amended by PL 1995, c. 357, §7, | is further amended to read: |
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| | 2. Definitions. As used in this section, unless the context | indicates otherwise, the following terms have the following | meanings. |
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| A. "Significant agreement or contract" means a contract or | other agreement enforceable as a contract that binds the | utility to a future course of action with respect to | supplying, purchasing, dispatching or exchanging generating | capacity, or energy or transmission capacity or any renewal, | amendment or extension of any contract or agreement that is | for a period of longer than 3 years and involves one of the | following, whichever is less: |
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| (1) More than 5,000 kilowatts of electrical generating | capacity, or 50,000,000 kilowatt hours or more of | energy per year, flowing over a transmission line with | a capacity greater than 100 kilovolts; |
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| (2) More than 10% of the generating capacity, transmission | capacity or energy generation of the utility; or |
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| (3) More than 1.0% of the total annual kilowatt hour | sales of the utility. |
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| | This bill repeals requirements that electric utilities obtain | certificates of public convenience and necessity from the Public | Utilities Commission before constructing or modifying | transmission lines or contracting for transmission line capacity. |
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