Conn. Agencies Regs. § 16-245c-4 - Unbundled generation
(a) If the
applicant unbundled and separated all of its generation assets and
generation-related operations by sale or transfer to an unrelated entity, or by
transferring such assets and operations on a functional basis to one or more
separate divisions of the applicant, it shall submit with its licensing
application the following:
(1) A description
of the process used by the applicant to unbundle and separate its generation
assets and all generation-related operations and functions;
(2) Evidence that the unbundling and
separation occurred, including, as applicable, documentation of sale or
transfer to an unrelated entity, or of the transfer on a functional basis to
one or more separate divisions, in which case the applicant shall demonstrate
how the structural separation implemented safeguards against
cross-subsidization, including the applicant's code of conduct established to
ensure nondiscriminatory access and fair dealing between the municipal electric
utility, the separate division to which generation assets and
generation-related functions have been transferred, and electric
suppliers;
(3) Evidence that the
buyer or transferee in any sale or transfer related to unbundling and
separation will preserve labor agreements in effect at the time of the sale or
transfer; and
(4) Testimony or
other evidence supporting the unbundling and separation as meeting the
requirements of section
16-245c
of the Connecticut General Statutes.
(b) If the applicant unbundled and separated
all of its generation assets and generation-related operations by a measure
other than sale or transfer to an unrelated entity, or transferral of such
assets and operations on a functional basis to one or more separate divisions,
it shall submit with its application the following:
(1) Evidence and testimony demonstrating that
the unbundling method selected by the applicant was necessary due to the size
of the applicant and its existing structure and operations;
(2) Evidence that the unbundling method
selected by the applicant will preserve labor agreements in effect at the time
of the unbundling; and
(3) The
applicant's code of conduct that would protect against cross-subsidization of
services and contain reasonable measures to prevent the applicant from favoring
its electric generation services over those of an electric supplier.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.