Delaware Statutes
§ 1308 — Sale of excess capacity
(a)An electric company may sell or exchange excess power and energy produced or owned by it not required by any of the contracting municipalities for such consideration and for such period and upon such terms and conditions as it may determine to any other person or public agency.
(b)Notwithstanding any other provision of this chapter or any other statute, nothing shall prohibit a company from undertaking any project in conjunction with or owning any project jointly with any person or public agency.
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Legislative History
61 Del. Laws, c. 496, § 1
Nearby Sections
15
§ 1302
Definitions§ 1303
Creation§ 1304
Contract§ 1305
Powers§ 1306
Public character§ 1308
Sale of excess capacity§ 1309
Regulation§ 1310
Bond issues§ 1311
Form and sale of bonds§ 1312
Covenants§ 1313
Refunding bonds§ 1315
Tax exemption