§ 9-20A-09. Extra electricity for trade

Latest version.

(a) In general. -- A project implemented by a local jurisdiction financed by a loan from the Fund, such as a self-sustaining emergency generating unit, that generates electricity in excess of the amount needed for sustaining the unit may offer the extra electricity for trade through markets operated by PJM Interconnection, LLC.

(b) Repayment of loan obligation. -- A local jurisdiction that trades electricity under subsection (a) of this section shall use the proceeds to repay its loan obligations under this subtitle.

HISTORY: 2009, ch. 169.

                    
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