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Texas Utilities Code - Section 163.062. Sale Or Exchange Of Electric Energy

Legal Research Home > Texas Lawyer > Utilities Code > Texas Utilities Code - Section 163.062. Sale Or Exchange Of Electric Energy

§ 163.062. SALE OR EXCHANGE OF ELECTRIC ENERGY.  (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.
	(d)  An agency contract to sell or exchange electric energy 
may require the purchaser to pay for the electric energy regardless 
of whether the electric energy is produced or delivered.

Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.                    

Last modified: August 10, 2007