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.
Cal. Pub. Util. Code § 390.1
Nonutility Power Generators
Known as the Public Utilities Act
The act spans §§ 201–2120 (1,026 sections).
Added by Stats. 2002, Ch. 516, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.