Sec. 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, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 163.055 163.056 163.057 163.058 163.059 163.060 163.061 163.062 163.063 163.064 163.065 163.066 163.067 163.068 163.071 NextLast modified: September 28, 2016