01/07: As of December 2006, only one retail supplier in Delaware was providing
services to residential customers, of which, only one percent had switched
services.
Source: LIHEAP Clearing House
http://www.liheap.ncat.org/dereg/states/delaware.htm
11/06: The Delaware Public Service Commission entered Order No. 7078 which
adopted the proposed “Rules for Certification and Regulation of Electric
Suppliers” observed in the order. These rules were intended to be used
for re-regulation of Delaware’s electricity providers.
Source: Delaware Public Service Commission
http://depsc.delaware.gov/
5/06: After a pending 59-percent increase in electricity rates, the Delaware
General Assembly passed legislation that enrolled all of DP&L’s residential
customers into a plan which spread the higher electricity rates through 2009.
Source: Delaware Energy Office
http://www.delaware-energy.com/
04/06: A joint resolution was introduced in the Delaware House of Representatives
(JR 23) which called for the Delaware Public Service Commission, in consultation
with the Governor’s Energy Advisory Council, to conduct a feasibility
study in regards to re-regulating Delaware’s electricity industry.
Source: The State of Delaware
http://www.legis.state.de.us/LIS/LIS143.NSF/vwLegislation/HJR+23?Opendocument
04/06: Joint resolution 3 (JR3) was introduced in the Delaware state senate
with the intent to require the state’s Office of Management and Budget
and the Controller General to issue a Request for Proposal (RFP) to “hire
an independent consultant to issue a study that recommends a process to re-regulate
electric power in the State. It required the study to examine and discuss the
benefits and shortfalls of such re-regulation, and to discuss the costs that
re-regulation would impose upon the State and the electric industry. Finally,
the study was scheduled to be presented to the Governor and the General Assembly
by December 2006.”
Source: The State of Delaware.
http://www.legis.state.de.us/LIS/LIS143.NSF/vwLegislation/SJR+3?Opendocument
04/06: Gov. Minner signed House Bills 5 & 6 (HB 5 & HB 6). House Bill
5 provided “state government with the flexibility to aggregate its electricity
usage and bargain for the best rates possible to save taxpayer money.” House
Bill 6 provided “an optional deferral for Delmarva Power electric customers
in connection with the pending rate increase.”
Source: State of Delaware
http://www.state.de.us/governor/news/2006/04april/041306_2006_legislative_agenda.shtml
03/06: The Electric Utilities Retail Customer Supply Act of 2006, House Bill
6 (HB 6) was introduced by the House. “The Act provides that all electric
distribution companies subject to the jurisdiction of the Commission would
be designated as the standard offer service supplier and returning customer
service supplier in their respective territories. The Act provided further
opportunity for distribution companies to enter into long and short-term supply
contracts, own and operate generation facilities, build generation and transmission
facilities, make investments in demand-side resources and take any other Commission
approved action to diversify their retail load supply. Additionally, Delmarva
Power is required to conduct Integrated Resource Planning for a forward-looking
10 year time frame and to file such plan with the Commission, the Controller
General, the Director of the Office of Management and Budget and the Energy
Office every two years starting with December 1, 2006. As part of the initial
planning process, Delmarva Power is required to file a proposal to obtain long-term
supply contracts. The proposal requires Delmarva Power to include a Request
for Proposal (RFP) for the construction of new generation resources within
Delaware.” “With respect to rate increases for Standard Offer Service
to be effective on May 1, 2006, residential and small commercial customers
of DP&L, depending on rate classification, shall have the ability to opt
out of the following rate deferral plan:
Date Rate % Increase
5/1/2006 15%
1/1/2007 25%
6/1/2007 19%
1/1/2008 True-up/Balance
a. A customer who did not opt out of the deferral plan would be placed on
a non-by-passable tariff, under which the customer would be responsible for
all of his/her incurred deferral amounts including carrying costs of the plan.
b. Customers will have from April 1, 2006 to April 28, 2006 to affirmatively
opt out of this plan.”
Source: State of Delaware
http://www.legis.state.de.us/LIS/lis143.nsf/vwLegislation/HB+6/$file/legis.html?open
03/06: Delmarva recommends a 3-step phase in of price increases.
02/06: The governor issued Executive Order No. 82 (EO 82) which directed the
Delaware Public Service Commission to “examine the feasibility of (a)
deferring, for a fixed or a phased-in period, pending electricity rate increases;
(b) requiring Delmarva to build generation, or enter into long term supply
contracts, to meet up to 100 percent of supply options under traditional rate
base, rate of return regulation; (c) requiring Delmarva to conduct integrated
resource planning to ensure fuel diversity and least cost supply alternatives;
and (d) requiring Delmarva to implement demand side management, conservation
and efficiency programs. The examination by the Public Service Commission shall
also include its assessment of the need for legislation to accomplish any of
these potential options. The results of this analysis shall be submitted to
the Office of the Governor no later than March 8, 2006.”
Source: The State of Delaware
http://www.state.de.us/governor/orders/e%20o%20%2082.shtml
10/04: Acting under the Electric Utility Restructuring Act of 1999, House
Bill 10 (HB 10), the Public Service Commission began Standard Offer Service
(SOS) providing Conectiv customers who “do not otherwise receive electric
supply service from an electric supplier are provided “‘standard
offer service’” by the “‘standard offer service supplier.’”
Source: Delaware Public Service Commission
http://depsc.delaware.gov/
08/02: The PEPCO/Conectiv merger was approved pending an extension of the
rate freeze through May 2006. The two companies retained their names under
the holding company of Pepco Holdings Inc.
Source: U.S. Security and Exchange Commission
http://www.sec.gov/divisions/investment/opur/filing/35-27765.htm
04/02: Delaware’s governor issued Executive Order No. 31 (EO 31), creating
the Delaware Energy Task Force. The Task Force was charged with: meeting the
electricity and heating needs of a rapidly growing population, particularly
south of the Chesapeake & Delaware Canal; and, ensuring that the transmission
and distribution facilities were adequate to meet future demand.
Source: State of Delaware.
http://stateplanning.delaware.gov/
01/00: Delaware Electric Cooperative's restructuring plan was approved on
January 27, 2000 with Order No. 5424.
08/99: The PSC issued final rules for restructuring in Delaware. The start
date for retail competition was scheduled for October 1, 2000 for residential
customers, October 1, 1999 for large customers, and January 15, 2000 for medium-sized
customers. Further details regarding these final rules are as follows:
Conectiv (DP&L)
Phase-in of retail access for consumers in Conectiv's territory was scheduled
for large industrial consumers on October 1, 1999; other consumers with over
300 kW demand by February 2000; and small consumers by August 2000. Conectiv
would be the default supplier during the 4-year transition period.
Delaware Electric Cooperative
Consumers in Delaware Electric Cooperative territory were scheduled to have
a similar schedule with a 6 month delay. Municipals in Delaware would have
the option to choose whether or not to allow retail access.
Rates Conectiv (DP&L)
Residential consumers were scheduled to receive a 7.5-percent rate reduction
and a 4-year rate freeze at the 9/30/99 level from 10/1/99 to 9/30/03. Nonresidential
rates were scheduled to be frozen at the 9/30/99 level from 10/1/99 to 9/30/02.
Delaware Electric Cooperative
Consumers were scheduled to receive no further rate reduction (having received
a recent 5- percent cut) but rates would be frozen during the transition
period from 4/1/00 to 3/31/05.
04/99: Delaware passed the Electricity Restructuring Act of 1999, House Bill
(HB 10). The act was intended to bring competition to Delaware’s electricity
generation. Rate caps were imposed for non-residential consumers of Conectiv
from October 1999 through September 2002; caps for residences were imposed
between October 1999 through September 2002. This involved a residential rate
cut of 7.5 percent for Conectiv customers and a rate freeze for the coop customers;
funding for public benefits programs; and for Conectiv, no provisions for stranded
cost recovery (the cooperative had no public benefit funding and stranded cost
recovery would have been determined by the PSC). These caps were eventually
extended to May 2006.
Source: Delaware Energy Office.
http://www.delaware-energy.com/
http://www.legis.state.de.us/LIS/LIS140.NSF/vwLegislation/HB+10?Opendocument
03/99: House Bill 10, "The Electric Utility Restructuring Act of 1999," was
enacted on March 31, 1999. The law's provisions included: a phase-in of retail
competition beginning on October 1, 1999 for large customers in Conectiv's
service territory and ending on April 1, 2001; a residential rate cut of 7.5
percent for Conectiv customers and a rate freeze for the coop customers; funding
for public benefits programs; and for Conectiv, no provisions for stranded
cost recovery (the cooperative had no public benefit funding and stranded cost
recovery would have been determined by the PSC).
01/98: The PSC adopted a final report on electric industry restructuring with
recommendations including unbundling of rates and stranded cost recovery using
Competitive Transition Charges. The report called for competition for all Delaware
consumers to begin 12 months after restructuring legislation is enacted.