โ Scribed by Erickson, Miriam Swydan
No coin nor oath required. For personal study only.
ne result of natural gas industry restructuring 0 has been an increase in the formation of gas utility marketing affiliates. Currently, virtually all states have procedures and regulations that provide for the ongoing review of utility transactions with affiliates. These procedures can include the required filing of all contracts and transactions, annual reviews, and access to all relevant books and records.
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. . virtually all states have procedures and regulations that provide for the ongoing review of utility transactions with affiliates.
In addition to the existing oversight of affiliate transactions, many of the states have considered or adopted standards of conduct to govern transactions between a utility and its marketing affiliate. Using the state's jurisdiction over the utility, these standards prescribe what utility affiliates can and cannot do in the energy supply marketplace. Some state commissions have issued standalone regulations generic to all gas and/or electric utilities, while others are company-specific and approved in either unbundling orders or rate proceedings.
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