Study Commission on the Future of Electric Service in North Carolina: Report to the 1999 General Assembly of North Carolina, 2000 Regular Session (Classic Reprint) - Softcover

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Excerpt from Study Commission on the Future of Electric Service in North Carolina: Report to the 1999 General Assembly of North Carolina, 2000 Regular Session

The Study Commission on the Future of Electric Service in North Carolina recommends that North Carolina make a commitment to enter the world of competitive retail electric service, with full retail choice of generation suppliers being available to all customers, on January 1, 2006. This report contains nine specific recommendations.

The Commission recognizes that competitive retail electric service is on the way for the entire country pushed along by the unfolding of competition in wholesale electric sales and the general trend in the United States to move away from heavily regulated services where possible. There is the additional factor of international trade. Our electric suppliers, especially those that are investor owned, are no less a part of the diverse yet very connected international marketplace than any other large business. They are important players in the economic life of our State and must be allowed the freedom to compete that regulation, such as is applied to monopoly services, simply will not allow.

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