California · Public Utilities Code - PUC

PUC §390.1: Any nonutility power generator using renewable fuels that has entered into a contract with an electrical corporation prior to December 31, 2001, specifying fixed energy prices for five years of output

What this law says, in plain English

This statute addresses non-utility power generators using renewable fuels that signed fixed-price energy contracts with electrical corporations before December 31, 2001, for five years of output.

Read the full statutory text

Any nonutility power generator using renewable fuels that has entered into a contract with an electrical corporation prior to December 31, 2001, specifying fixed energy prices for five years of output may negotiate a contract for an additional five years of fixed energy payments upon expiration of the initial five-year term, at a price to be determined by the commission.

Verify at the official source: California legislative text

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