MINUTES SENATE SPECIAL COMMITTEE ON ELECTRIC UTILITY RESTRUCTURING Monday, February 8, 1999 9:30 am Senate Chamber ***** Pursuant to a notice posted in accordance with Senate Rule 11.11, a public hearing of the Senate Special Committee on Electric Utility Restructuring was held on Monday, February 8, 1999 in the Senate Chamber at Austin, Texas. ***** MEMBERS PRESENT: MEMBERS ABSENT: Senator David Sibley, Chairman Senator Gonzalo Barrientos Senator David Cain, Vice Chairman Senator Kenneth Armbrister Senator Teel Bivins Senator Troy Fraser Senator Jane Nelson ***** The Chairman called the meeting to order at 9:40 am. There being a quorum present, the following business was transacted. Chairman Sibley advised that the first invited witness would be Pat Wood, Chairman of the Public Utility Commission, and invited other Commissioners present to join Chairman Wood at the witness table. Commissioner Perlman joined Chairman Wood but did not testify. At 9:45 a.m. Senator Cain assumed the Chair. Pat Wood spoke to the members concerning non-ERCOT areas of Texas, an issue relating to SB 7 pending in Committee. Chairman Wood responded to members' questions and concerns. Following Pat Wood's testimony, the Chairman called the Investor Owned Utilities (IOU) panel to testify. The panelists were: Kent Foster, Entergy, Little Rock, Arkansas David Wilks, Southwestern Public Service, Amarillo, Texas Mark Roberson, Central and South West, Dallas, Texas At 12:15 pm, Senator Sibley resumed the Chair and the panelists continued their testimony. Upon completion of the IOU panel's testimony and response to members' questions, Chairman Sibley recessed the hearing at 12:35 p.m. until 30 minutes after adjournment of the Senate. At 2:30 p.m., Chairman Sibley reconvened the hearing and called a panel of Cooperatives (Co-op) and Municipally Owned Utilities (MOU) representatives to testify and respond to members' questions and concerns. The panelists were: Robert Bryant, Golden Spread Electric Cooperative, Amarillo, Texas Robert Gross, East Texas Cooperatives, Marietta, Georgia Alex Ty Cooke, City of Lubbock, Lubbock, Texas There being no further business, at 3:35 pm Senator Sibley moved that the Committee stand recessed subject to the call of the Chairman. Without objection, it was so ordered. _________________________ Senator David Sibley, Chairman _________________________ Barbara Henderson, Clerk