Sec. 163.082. 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.
Added by Acts 2015, 84th Leg., R.S., Ch. 1162 (S.B. 776), Sec. 3, eff. September 1, 2015.
Structure Texas Statutes
Title 4 - Delivery of Utility Services
Subtitle A - Utility Corporations and Other Providers
Chapter 163 - Joint Powers Agencies
Subchapter C. -1. Alternate Governance for Certain Municipal Power Agencies
Section 163.073. Applicability; Alternate Governance
Section 163.074. Conflicts With Other Law
Section 163.075. Nature of Agency
Section 163.076. Addition or Removal of Public Entities
Section 163.077. Election for Addition of Public Entity
Section 163.078. Board of Directors
Section 163.079. Separate Boards of Directors
Section 163.081. Construction Contracts
Section 163.082. Sale or Exchange of Electric Energy
Section 163.083. Rates and Charges
Section 163.084. Revenue Bonds
Section 163.085. Refunding Bonds
Section 163.086. Issuance, Form, and Provisions of Bonds
Section 163.087. Nonnegotiable Purchase Money Notes
Section 163.088. Bond Anticipation Notes