67-8903. DEFINITIONS. When used in this chapter, the following terms shall have the following meanings:
(1) "Authority" means the Idaho energy resources authority created pursuant to section 67-8904, Idaho Code.
(2) "Board" means the board of directors of the authority.
(3) "Bonds" means any bonds, notes, certificates or other obligations or evidences of indebtedness issued by the authority.
(4) "Commission" means the Idaho public utilities commission created pursuant to section 61-201, Idaho Code.
(5) "Electric cooperative" means a cooperative corporation or association that is:
(a) Organized under the provisions of section 501(c)(12) or 1381 of the Internal Revenue Code;
(b) An Idaho nonprofit corporation pursuant to chapter 30, title 30, Idaho Code; and
(c) An operating entity or successor entity thereof that owns facilities and provides electric service to customers in Idaho as of the effective date of this chapter.
(6) "Facility" means any facility necessary, used or useful in connection with the generation, transmission or distribution of electric power and energy and any renewable energy generation project, in each case including, but not limited to, all real and personal property, fuel supplies and transportation facilities, pollution control facilities, and all equipment and improvements necessary or desirable in connection with a facility. "Facility" shall include facilities owned in whole or in part by the authority or a participating utility, including undivided ownership interests in facilities, leasehold interests in facilities and other estates, but excludes a generating facility that sells any portion of its output as a qualifying facility to a participating utility under provisions of the public utility regulatory policies act of 1978, 16 U.S.C. section 2601 et seq.
(7) "Independent power producer" means any public or private corporation that is not itself a participating utility, but which may be an affiliate of a participating utility, that develops any renewable energy generation project undertaken by the authority pursuant to this chapter.
(8) "Participating utility" means, with respect to any facilities undertaken by the authority pursuant to this chapter, any public or private corporation, electric cooperative or other cooperative corporation or association, municipal corporation, political subdivision of this state or another state, state or federal agency, joint operating entity or other entity that:
(a) Owns and operates an electric utility system that provides electric services to consumers of electricity located in an existing service area within the boundaries of this state;
(b) Provides electric generation, power supply, transmission and/or ancillary and related services at wholesale to one (1) or more participating utilities described in paragraph (a) of this subsection; or
(c) Is organized or operates as a regional transmission organization covering all or any part of the state of Idaho and one (1) or more other states.
(9) "Renewable energy" means a source of energy that occurs naturally, is regenerated naturally or uses as a fuel source, a waste product or byproduct from a manufacturing process including, but not limited to, open or closed-loop biomass, fuel cells, geothermal energy, waste heat, cogeneration, solar energy, waterpower and wind.
(10) "Renewable energy generation project" means an electric generating facility or system that uses renewable energy as its primary source of energy to generate electricity.
(11) "Revenues" means all receipts, purchase payments, loan repayments, lease payments, rents, fees and charges, and all other income or receipts derived by the authority from a participating utility.
History:
[67-8903, added 2005, ch. 53, sec. 1, p. 193; am. 2005, ch. 311, sec. 2, p. 965; am. 2007, ch. 107, sec. 1, p. 310; am. 2017, ch. 58, sec. 36, p. 132.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 89 - IDAHO ENERGY RESOURCES AUTHORITY ACT
Section 67-8901 - SHORT TITLE.
Section 67-8902 - DECLARATION OF NECESSITY AND PURPOSE.
Section 67-8903 - DEFINITIONS.
Section 67-8904 - CREATION OF IDAHO ENERGY RESOURCES AUTHORITY.
Section 67-8905 - DIRECTORS — TERMS OF OFFICE — APPOINTMENT — FILLING VACANCIES AND REMOVAL.
Section 67-8906 - QUORUM — MODE OF ACTION — COMPENSATION.
Section 67-8909 - DEVELOPMENT, ACQUISITION AND CONSTRUCTION OF FACILITIES.
Section 67-8910 - MANAGEMENT AND OPERATION OF FACILITIES.
Section 67-8911 - SALE OF ELECTRICITY, PRODUCT OR SERVICE FROM FACILITIES — CHARGES.
Section 67-8912 - COST RECOVERY AND RATE STABILIZATION CHARGES OF PARTICIPATING UTILITIES.
Section 67-8913 - COOPERATION WITH OTHER AGENCIES AND SUBDIVISIONS.
Section 67-8914 - EXEMPTION FROM INCOME TAXATION.
Section 67-8915 - ISSUANCE OF BONDS TO FINANCE FACILITIES.
Section 67-8916 - REFUNDING BONDS.
Section 67-8917 - PAYMENT OF BONDS — NONLIABILITY OF STATE.
Section 67-8918 - STATE’S PLEDGE.
Section 67-8920 - EXEMPTION OF REAL PROPERTY OF AUTHORITY FROM LEVY AND SALE BY EXECUTION.
Section 67-8921 - ANNUAL REPORT.
Section 67-8922 - AUTHORITY OBLIGATIONS ARE LEGAL INVESTMENTS.
Section 67-8923 - CHAPTER NOT A LIMITATION OF POWERS.
Section 67-8924 - CONSTITUTIONALITY.