Laserfiche WebLink
Legislative change is necessary to better protect cities' budgets, enhan <br />protect their citizens, and increase competition among retail providers. The foll <br />proposed by the CAPP Board: <br />• All generators, regardless of size, should explicitly be barred <br />exercise of market power. <br />• Entities such as municipalities, commercial customers or retail <br />harmed by wholesale market abuse should be given explicit stan <br />in market power abuse enforcement actions brought by the PUC. <br />• Fines should be increased for market abuses in such a way that <br />full restitution to the market, market participants, or parties injur, <br />• Activities defined as market abuse by the Federal Energy <br />should be prohibited. <br />• The statutory purpose of the PUC should be modified to e <br />harmonizes its pursuit of competition with the protection of el <br />• As a condition of conducting business in Texas, Retail Electric : <br />should be required to include among their offers one standard <br />that has PUC-approved terms and conditions. Such standard 1 <br />ensure that REPs compete based on price, not on customer confus <br />• The number of consumer representatives on the ERCOT board <br />from the current three members, to six. <br />e cities <br />ability to <br />wing c <br />anges are <br />om th <br />unlawful <br />lectric <br />roviders <br />~ng to <br />articipate <br />e PUC <br />an order <br />by the <br />iolation. <br />orv C <br />mission <br />that t e agency <br />consu ers. <br />ivider ("REPS") <br />!ctrici package <br />~r pro ucts will <br />uld bellincreased <br />• The Office of the Comptroller should be assigned a seat on the ER OT bo d and on <br />as appropriate budget oversight panels within ERCOT. The C mptroll r's office <br />should be given access to all ERCOT contracting material and be cha ged with <br />conducting a bi-annual performance review of ERGOT. <br />• The PUC should be required to provide prior approval of all ~lebt fin~ncing by <br />ERCOT. I II <br />The CAPP Board, made up exclusively of City representatives, requ sts tha the City <br />Council pass the attached resolution endorsing CAPP's legislative/Sunset agend . <br />RECOMMENDATION <br />The staff of the City of Paris recommends that the City Council a~opt th~ attached <br />resolution. <br />77 <br />