Sec. L-1. 35-A MRSA §3208, sub-§8, as enacted by PL 1997, c. 316, §3, is amended to read:
8. Proceedings. The commission shall conduct separate adjudicatory proceedings to determine the stranded costs for each investor-owned utility and each consumer-owned utility. In the same proceedings, the commission shall establish the revenue requirements for each transmission and distribution utility and stranded costs charges to be charged by each transmission and distribution utility when retail access begins. The proceedings must be completed by July December 1, 1999.
Sec. L-2. 35-A MRSA §3209, sub-§2, as enacted by PL 1997, c. 316, §3, is amended to read:
2. Proceeding. Following notice and hearing, the commission shall complete an adjudicatory proceeding on or before October December 1, 1999 for the design of cost recovery for transmission and distribution costs, stranded costs and other costs recovered pursuant to this chapter and for the design of rates for backup or standby service.
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