§ 8056 - Limitations on powers - Vermont Statutes

§ 8056. Limitations on powers

(a) The authority shall not sell electric power at retail to any ultimate customer in Vermont, or require any electric utility to purchase electric power in a wholesale transaction.

(b) The authority shall not seek or obtain treatment for any facility as a "qualifying facility" in Vermont under 18 C.F.R. § 292.201-207 or subdivision 209(a)(8) of this title.

(c) Electric power provided by the authority shall not be sold to the department of public service for ultimate sale at retail to Vermont consumers under section 211 or 212a of this title.

(d) The authority shall take no action to cause, nor shall any provision of this chapter be construed to impose, any obligation upon the state as a result of the insolvency of a partner. (Added 2003, No. 121 (Adj. Sess.), § 101, eff. June 8, 2004.)