96.901 Authorization for municipal utility operating under KRS 96.550 to 96.900 to participate in group purchasing program.
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<![CDATA[ Page 1 of 1 96.901 Authorization for municipal utility operating under KRS 96.550 to 96.900 to participate in group purchasing program. (1) A municipal utility that owns or operates an electric utility under KRS 96.550 to 96.900 may authorize: <br>(a) Membership and participation in a group purchasing program when the municipal utility deems that the purchase of power through a group <br>purchasing program can affect economy or efficiency in the operations of the <br>municipal utility; or (b) The purchase of wholesale electric power for the purpose of resale from any person or entity when the purchase is deemed advantageous to the municipal <br>utility. (2) "Group purchasing program" means a voluntary program that may consist of both public and private utilities for the purchase of wholesale electric power. (3) A municipal utility that is purchasing wholesale electric power for resale to the ultimate customers of the municipal utility as provided under subsection (1) of this <br>section shall not be subject to the provisions of KRS 45A.365 and KRS 424.260. Effective: July 14, 2000 <br>History: Created 2000 Ky. Acts ch. 510, sec. 1, effective July 14, 2000. ]]>