Electric Energy Empowerment Act of 1999

[AI summary unavailable — showing source text] Electric Energy Empowerment Act of 1999 - Amends the Federal Power Act (FPA) to empower the States to order electric utilities within their jurisdiction to provide nondiscriminatory open access through functionally unbundled transmission and local distribution services to retail customers within their borders (retail wheeling). Prescribes implementation guidelines. (Sec. 4) Encourages creation of Independent Transmission System Operators to ensure that all sellers and buyers of electricity in the United States have access to nondiscriminatory transmission services. (Sec. 5) Redefines "public utility" to include electric utility or Federal power marketing agencies not otherwise subject to Federal Energy Regulatory Commission jurisdiction (FERC), (thereby subjecting such entities to FERC open access rules). (Sec. 6) Rescinds the requirement that new electric utility contracts or obligations for the purchase or sale of electric energy or capacity be conducted pursuant to the Public Utility Regulatory Policies Act of 1978 (PURPA). Directs FERC to promulgate and enforce regulations to assure recovery by electric utilities of all costs associated with purchases of electric energy or capa…