Competitive Balance Sample Clauses

Competitive Balance. (a) The parties acknowledge the intrinsic link between the level of TPP and the operation of the competitive balance mechanisms to be introduced to the industry on 1 November 2014. (b) The parties note that there will be a review of the competitive balance mechanisms during 2016 for 2017 and acknowledge that such review will coincide with the review of the CBA.

Competitive Balance. Efficient competition will occur when all players, including out-of-state suppliers entering the Arizona market, are subject to the same rights and responsibilities, free from market-distorting special privileges, regulations or unequal burdens. APS will propose that any market entrant allowed into a previously exclusive territory of a regulated electric public service corporation pursuant to the legislation previously discussed regarding "Exclusive Service Rights" must itself be, or become, a public service corporation subject to appropriate Commission regulatory oversight and related obligations, including plant and line siting requirements (which should be administered directly by the Commission) and shared responsibility for maintaining service reliability. Such entrants could include out-of-state utilities, power marketers, independent power producers and other competitors. Public Power Entities The Arizona Constitution expressly excludes municipal corporations from the category of entities (public service corporations) which it subjects to regulation by the Commission. Due among other things to the uncertainties that any amendment of the Constitution would entail, the Company proposes to exclude municipal, tribal or other government-owned utilities from this restructuring proposal. Where such utilities have lawfully-conferred rights to serve all customers within a delineated territory, those rights would remain intact (i.e., would not be subject to being "phased" out as proposed above with respect to public service corporations); conversely, such utilities, by virtue of their not being public service corporations subject to Commission regulatory oversight and related obligations, would not be allowed competitive access to public service corporation territories in Arizona. However, it appears to APS that changes in law and relationships at the federal level, such as entitlements to preferential power from federal facilities or federal income tax advantages, could lead to a common interest in eliminating or reducing differences among utilities at the state level, thereby occasioning future reexamination of the difference proposed in this paragraph. Reciprocal Trade Opportunities Efficient competition and the public interest require that public service corporations be allowed the reciprocal opportunity to trade in each other's markets. The willingness of APS to open its service territory to competitors is contingent upon APS obtaining meaningful recipro...