Section 9604 Of Division 4.9. Restructuring Of Publicly Owned Electric Utilities In Connection With The Restructuring Of The Electrical Services Industry From California Public Utilities Code >> Division 4.9.
9604
. For purposes of this division, the following definitions
apply:
(a) "Direct transaction" means a contract between one or more
electric generators, marketers, or brokers, public or private, of
electric power and one or more retail customers providing for the
purchase and sale of electric power and ancillary services.
(b) "Service area" means an area in which, as of December 20,
1995, an investor-owned electric utility or a local publicly owned
electric utility was obligated to provide service.
(c) "Severance fee" or "transition charge" for a local publicly
owned electric utility shall mean that charge or periodic charge
assessed to customers to recover the reasonable uneconomic portion of
costs associated with generation-related assets and obligations,
nuclear decommissioning, and capitalized energy efficiency investment
programs approved prior to August 15, 1996.