Navigation menu

National Energy Act (641): Difference between revisions

From The Kodiak Republic Wiki

no edit summary
FDold>Rakkeyal
No edit summary
No edit summary
 
(4 intermediate revisions by 3 users not shown)
Line 2:
=National Energy Company Act (641)=
''An act to nationalise electricity and natural gas storage, development, distribution, and allocation.''<br>
''Approved on DD21st MonthMay YYYY2022 with #14 Aye, #1 Nay, #3 Abstain.''
 
''Sections 2.4 and 3.3 Amended on 25, April 2023 by [[The State Enterprise and General Communications Resolution, 652]]''
 
==Article 1 - Acquisition of National Private Energy Providers==
:1.1 - All present subsidies and corporate tax discounts for energy creation and distribution shall be ended.
:1.2 - The Kodiak Ministry of Commerce and Labour shall create the Department of Utilities Management - empowered to acquire 100% of the current standing energy infrastructure, including but not limited to transformers, lines, pumps, piping, monitoring stations, power plants, and energy resource distribution services.
:1.3 - In accordance with the findings of an independent public financial review and consultation with the organisational boards and majority shareholders of the fifteen largest energy providers currently residing within Kodiak, the Ministry of Revenue and Treasury shall allocate a one -time payment in full of ₣22,450 million.
 
==Article 2 - Creation of the Kodiak Electricity and Gas Utilities Company (KEGU Co)==
:2.1 - The Kodiak Electricity and Gas Utilities Company (KEGU Co) shall be created under the Department of UtiltiesUtilities Management within the Ministry of Commerce and Labour.
:2.2 - KEGU Co shall be run by an independent board of 12 members, three representatives from the employees, six representatives as chosen by the parliament, and three expert representatives as chosen by the prior nine for five year terms.
:2.3 - KEGU coCo futherfurther be divided into two branches (gas and electricity) as well as no less than 15 regional districts.
:2.4 - The KEGU Co shall be allocatedrun ₣2,500by millionits management as a profitable enterprise in publicline fundswith eachmarket quarterrates viawith theoperations Ministryand procurement to be paid for out of Commercethe andcompany's general Labourrevenues.
 
==Article 3 - Compulsory Energy Meter Provision ==
:3.1 - It shall be an obligation that all private and public lots, commercial, industrial, and residential, must have installed a state-provided natural gas and electrical meter easily accessible from a public street or appropriate easmenteasement to any KEGU Co inspectors.
:3.2 - KEGU Co shall provide, at subsidised cost not to exceed $500 for installation, a KEGU Co approved SMART meter for any property that requests such. These meters shall have the computational capability of monitoring, limiting, and planning for energy consumption by the end consumer, as well as real time fees and pricing data.
:3.3 - The KEGU Co shall be allocated ₣400₣70 million in public funds each quarter via the Ministry of Commerce and Labour.
 
''Written by [[Rykkland | Patrick Barber]] - General Secretary of [[the Kodiak Workers' Party]].''
 
__NOTOC__
220

edits

Cookies help us deliver our services. By using our services, you agree to our use of cookies.