Texas Utilities Code
§ 163.062 — SALE OR EXCHANGE OF ELECTRIC ENERGY
UT § 163.062Title 4. DELIVERY OF UTILITY SERVICES · Part A. UTILITY CORPORATIONS AND OTHER PROVIDERS · Ch. 163. JOINT POWERS AGENCIES · Art. C. MUNICIPAL POWER AGENCIES
Statute text
View on source(a)An agency may participate through appropriate contracts in power pooling and power exchange agreements with other entities through direct or indirect system interconnections.
(b)An entity that participates with an agency under this section may:
(1)purchase electric energy from the agency;
(2)sell or dispose of electric energy to the agency; or
(3)exchange electric energy with the agency.
(c)An entity payment for electric energy purchased from the agency is an operating expense of the entity's electric system.
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Legislative history
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.