(1) DEFINITIONS. In this section: (a) “Affiliate or utility” means a nonutility affiliate, holding company system, public utility or cooperative association organized under ch. 185 or 193. (b) “Energy unit” means a unit in this state that is engaged in activities related to the production, generation, transmission or distribution of electricity, gas or steam or the recovery of energy from waste materials. (c) “Holding company system” has the meaning given in s. 196.795 (1) (i). (d) “Nonutility affiliate” has the meaning given in s. 196.795 (1) (j). (e) “Public utility affiliate” has the meaning given in s. 196.795 (1) (L). (f) “Sell an energy unit” means to sell, offer by lease, or otherwise transfer ownership or control of the energy unit. (fg) “Transmission company” has the meaning given in s. 196.485 (1) (ge). (fr) “Transmission utility” has the meaning given in s. 196.485 (1) (i). (g) “Unit” means a division, department or other operational business unit of an affiliate or utility. (2) OFFER OF EMPLOYMENT. (a) Except as provided in par. (b), a person may not sell an energy unit unless the terms of the transfer require the person to which the energy unit is transferred to offer employment to the nonsupervisory employees who are employed with the energy unit immediately prior to the transfer and who are necessary for the operation and maintenance of the energy unit. (b) 1. A public utility affiliate may not sell an energy unit to a nonutility affiliate in the same holding company system unless the terms of the transfer require the nonutility affiliate to offer employment to all of the nonsupervisory employees who are employed with the energy unit immediately prior to the transfer. 2. A transmission company to which an energy unit is sold by a transmission utility shall, beginning on the expiration of the 3-year period specified in s. 196.485 (3m) (a) 1. b. or, if applicable, the expiration of any extension of such 3-year period, offer employment to the nonsupervisory employees who are employed with the energy unit immediately prior to the transfer and who are necessary for the operation and maintenance of the energy unit. (3) EMPLOYMENT TERMS AND CONDITIONS. (a) Except as provided in par. (b), the employment that is offered under sub. (2) shall satisfy each of the following during the 30-month period beginning immediately after the transfer: 1. Wage rates shall be no less than the wage rates in effect immediately prior to the transfer. 2. Fringe benefits shall be substantially equivalent to the fringe benefits in effect immediately prior to the transfer. 3. Terms and conditions of employment, other than wage rates and fringe benefits, shall be substantially equivalent to the terms and conditions in effect immediately prior to the transfer. (b) A collective bargaining agreement may modify or waive a requirement specified in par. (a). (4) COMMISSION APPROVAL. Except for a cooperative association, as defined in s. 196.491 (1) (bm), or a transmission utility that sells an energy unit to a transmission company, no person may sell an energy unit unless the commission determines that the person has satisfied subs. (2) and (3).
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