To amend the Public Utility Holding Company Act of 1935 to permit registered companies and their subsidiaries to engage in energy conservation and load management services, and for other purposes.

Amends the Public Utility Holding Company Act of 1935 to permit registered companies and their subsidiaries to engage in energy conservation and load management services.

 
HR 3045 IH
102d CONGRESS
1st Session
 H. R. 3045
To amend the Public Utility Holding Company Act of 1935 to permit registered
companies and their subsidiaries to engage in energy conservation and load
management services, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
July 25, 1991
Mr. KENNEDY introduced the following bill; which was referred to the Committee
on Energy and Commerce
A BILL
To amend the Public Utility Holding Company Act of 1935 to permit registered
companies and their subsidiaries to engage in energy conservation and load
management services, and for other purposes.
  Be it enacted by the Senate and House of Representatives of the United
  States of America in Congress assembled,
SECTION. 1. CONSERVATION AND LOAD MANAGEMENT SERVICES PROVIDED BY UTILITY
HOLDING COMPANIES.
  (a) ENERGY CONSERVATION AND LOAD MANAGEMENT SERVICES AND EQUIPMENT-
  Notwithstanding section 11(b)(1) of the Public Utility Holding Company Act
  of 1935, a company registered under that Act, or a subsidiary company of
  such registered company, may acquire or retain, in any geographic area,
  an interest in any company primarily engaged, directly or indirectly, in
  providing energy conservation and load management services or equipment or
  both to utilities and their customers. Notwithstanding section 11(b)(1)
  of the Public Utility Holding Company Act of 1935, a subsidiary company
  of a company registered under such Act primarily engaged, directly or
  indirectly, in providing energy conservation and load management services
  or equipment or both to utilities and their customers may conduct such
  business without regard to, or any limitation based upon, the geographic
  area in which it operates.
  (b) DEFINITIONS- As used in this section:
  (1) The terms `company' and `subsidiary company' shall have the same meanings
  as defined in section 2(a) of the Public Utility Holding Company Act of 1935.
  (2) The term `conservation' means any reduction in energy consumption as a
  result of increases in efficiency of energy use, production, or distribution.
  (3) The term `load management' means any technique intended to reduce the
  maximum energy demand on a utility or by a utility customer.
  (c) SAVINGS PROVISION- Nothing in this section shall be construed to affect
  the applicability of any provision of the Public Utility Holding Company
  Act of 1935, other than section 11(b)(1), to the acquisition or retention of
  any such interest, or the conduct of any such business, by any such company.