New England Regional Power and Environmental Protection Act

[AI summary unavailable — showing source text] Title I: New England Regional Power and Environmental Protection Act - Creates a body corporate by the name of the New England Regional Power and Environmental Protection Agench which shall establish and operate a bulk power supply system to supply wholesale power to utilities throughout the entire New England region and establish interconnections, and coordination agreements, with utilities in any region, a national power grid if one shall be established, and with utilities in Canada. Provides that the Agency shall have as its primary purpose the provision of bulk power supply to the region with the minimum adverse impact on the environment; that it shall acquire, either through construction, purchase, lease, condemnation, or other procedure, power generation and transmission facilities as it finds necessary to meet the electric power needs of New England; and that the Agency shall contract to sell electric power to electric utilities in the region at rates which shall be uniform, and which shall be set at the lowest possible level consistent with sound business principles and environmental protection requirements. States that at such time as the Agency determines that it has acqu…