AFFORDABLE ELECTRIC SERVC ACT Senate SponsorsSen. Patrick Welch-Jacqueline Y. Collins-Mattie Hunter 1/11/2005SenateSession Sine Die New ActCreates the Affordable Standard Electric Service Act. Provides that any residential customer that is not otherwise being served by a competitive electricity supplier shall be automatically provided with standard electric service and any residential customer who is served by a competitive electricity supplier shall have the option to select standard electric service at any time. Provides that each electric distribution company shall procure and provide standard electric service pursuant to a procurement plan for generation supply approved by the Commission and that standard electric service shall be priced based on the underlying costs associated with the provision of this service and shall not be structured to stimulate or force the development of a competitive retail market. Requires that standard electric service be available to residential and small commercial customers at any time and without the imposition of an additional fee or charge for switching to such service. Creates the Residential Advisory Committee. Effective immediately. 2/4/2004SenateFiled with Secretary by Sen. Patrick Welch 2/4/2004SenateFirst Reading 2/4/2004SenateReferred to Rules 2/11/2004SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 2/18/2004SenateAssigned to Environment & Energy 2/25/2004SenateDo Pass Environment & Energy; 011-000-000 2/25/2004SenatePlaced on Calendar Order of 2nd Reading February 26, 2004 3/23/2004SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter 8/24/2004SenatePursuant to Senate Rule 3-9(b) / Referred to Rules 1/11/2005SenateSession Sine Die