Electric Utility Restructuring Empowerment and Competitiveness Act of 1999

[AI summary unavailable — showing source text] Electric Utility Restructuring Empowerment and Competitiveness Act of 1999 - Amends the Federal Power Act to prescribe parameters within which a State may: (1) exercise jurisdiction over retail electric supply or distribution service provided to retail customers within its borders; (2) establish and enforce electric energy performance standards; (3) exercise authority over retail transactions (including the imposition of surcharges); and (4) require electric energy suppliers to provide wholesale and retail reciprocity with respect to open, nondiscriminatory transmission access and local distribution access. (Sec. 3) Provides that the purchase of electricity for ultimate consumption by either a Federal entity or mixed-ownership government corporation shall be subject to the laws of the State in which such consumption occurs with respect to the choice of supplier and other conditions of the purchase. Retains State prerogative to require electricity retailers to assist in providing universal service. (Sec. 4) Removes wholesale sales of electric energy from Federal regulatory purview. Retains State authority over retail electric energy sales. Grants the Federal Energy Regulatory Commis…