Interagency Electric Energy Market Competition Taskforce

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Interagency Electric Energy Market Competition Task Force

Section 1815 of the Energy Policy Act of 2005 established the Electric Energy Market Competition Task Force to study and report on competition in wholesale and retail electricity markets in the United States. The five-member Task Force was composed of (1) one employee of the Department of Justice, appointed by the Attorney General of the United States; (2) one employee of the Federal Energy Regulatory Commission, appointed by the Chairperson of that Commission; (3) one employee of the Federal Trade Commission, appointed by the Chairperson of that Commission; (4) one employee of the Department of Energy, appointed by the Secretary of Energy; and (5) one employee of the Rural Utilities Service, appointed by the Secretary of Agriculture.

FINAL REPORT

The Final Report to Congress on Competition in Wholesale and Retail Markets for Electric Energy Pursuant to Section 1815 of the Energy Policy Act of 2005 was delivered on April 6, 2007. A copy of the Final Report was also filed in the official Task Force Docket maintained by the Federal Energy Regulatory Commission (Docket No. AD05-17-000).

Task Force Report
Congressional Transmittal Letters

The report was prepared by the Task Force with the assistance of the Department of Justice, Federal Energy Regulatory Commission, Federal Trade Commission, Department of Energy, and Department of Agriculture. The Task Force assumes full responsibility for the report and the views expressed therein.

Agency Contact: Questions or comments concerning the Final Report or USDA participation in the Task Force should be directed to Karen L. Larsen, Policy Analysis and Loan Management Staff, Office of the Assistant Administrator, Electric Programs. (Karen.Larsen@usda.gov) or 202-720-9545 (phone).

DRAFT REPORT

The Draft Report of the Interagency Electric Energy Market Competition Task Force was published in the Federal Register on June 13, 2006 (71 Fed. Reg. 34083-34128). The Draft Report as published (minus appendices) can be downloaded here (html) (pdf).

Click here to see the full draft report with appendices.

Comments received on the draft report are available for review through the Federal Energy Regulatory Commission's Website at http://www.ferc.gov under its eLibrary in Docket No. AD05-17-000.

REQUEST FOR PUBLIC COMMENTS

The Interagency Electric Market Competition Task Force requested public comments concerning the study through a Federal Register Notice published on October 19, 2005 (html) (pdf). Also see the Press Release dated October 19, 2005.

Comments received in response to the initial request are also available for review through the Federal Energy Regulatory Commission's Website at http://www.ferc.gov under its eLibrary in Docket No. AD05-17-000.

ENERGY POLICY ACT OF 2005

SEC. 1815. INTERAGENCY REVIEW OF COMPETITION IN THE WHOLESALE AND RETAIL MARKETS FOR ELECTRIC ENERGY.

(a) Task Force- There is established an inter-agency task force, to be known as the 'Electric Energy Market Competition Task Force' (referred to in this section as the 'task force'), consisting of five members--

(1) one of whom shall be an employee of the Department of Justice, to be appointed by the Attorney General of the United States;

(2) one of whom shall be an employee of the Federal Energy Regulatory Commission, to be appointed by the Chairperson of that Commission;

(3) one of whom shall be an employee of the Federal Trade Commission, to be appointed by the Chairperson of that Commission;

(4) one of whom shall be an employee of the Department, to be appointed by the Secretary; and

(5) one of whom shall be an employee of the Rural Utilities Service, to be appointed by the Secretary of Agriculture.

(b) Study and Report-

(1) STUDY- The task force shall conduct a study and analysis of competition within the wholesale and retail market for electric energy in the United States.

(2) REPORT-

(A) FINAL REPORT- Not later than 1 year after the date of enactment of this Act, the task force shall submit to Congress a final report on the findings of the task force under paragraph (1).

(B) PUBLIC COMMENT- Not later than the date that is 60 days before a final report is submitted to Congress under subparagraph (A), the task force shall--

(i) publish in the Federal Register a draft of the report; and

(ii) provide an opportunity for public comment on the report.

(c) Consultation- In conducting the study under subsection (b), the task force shall consult with and solicit comments from any advisory entity of the task force, the States, representatives of the electric power industry, and the public.