CAN CUSTOMERS RESELL FEDERAL POWER?
— Al Alexanderson offered language that would allow for resale of federal power purchased for residential and small farm customers. The committee amended the proposal to subject such transactions to conditions imposed by state PUCs, including allocating all monetized benefits to the distribution system serving residential and small farm customers, or directly to such customers. The language was put into the next draft of the report for further consideration. MUCH ADO ABOUT STRANDED COSTS — After the ado, this language was approved (by most, but not all) to go into the draft report: While the committee didn’t agree on a specific stranded cost mechanism, it did agree on giving FERC an enhanced role and on criteria maximally consistent with FERC Order 888 principles. FISH AMENDMENTS STIR DEBATE — The committee debated several fish and wildlife amendments offered by Rick Applegate. It accepted language saying the committee does not want its actions to diminish treaty or trust rights, th
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