Mississippi Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided

State:
Multi-State
Control #:
US-OL17013CA
Format:
Word; 
PDF
Instant download

Description

This office lease clause specifically states the availability of electricity, the pricing, the quantity and the quality of the electricity provided to the demised premises.

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FAQ

Q: How is electricity regulated? A: The Federal government, through the Federal Energy Regulatory Commission , regulates interstate power sales and service. State governments, through their public utility commissions or equivalent, regulate retail electric service as well as facility planning and siting.

The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines as well as licensing hydropower projects.

US States with Deregulated Energy in 2023 There are 29 US states that offer retail energy choice. Depending on the state, this applies for electricity, natural gas, or both utility services. In this article we will provide an overview of the states with a deregulated power market.

Electricity is broadly regulated based on two separate categories: Wholesale sales and transmission of electricity in interstate commerce. The Federal Energy Regulatory Commission (FERC) is responsible for regulating these. Local distribution and sales of electricity at retail.

Electricity generators are owned by electric companies, or utilities, which are in turn regulated by the state's Public Utility Commission (PUC) or the Public Service Commission (PSC). PUCs and PSCs are independent regulatory agencies appointed by the state legislature.

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Mississippi Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided