Any city or district is authorized to enter into contracts or compacts with any operating agency or a publicly or privately owned public utility for the purchase and sale of electric energy or falling waters: PROVIDED, That no city or district may enter into a contract or compact with an operating agency to purchase electric energy, or to purchase or participate in a portion of an electrical generating project, that commits the city or district to pay an amount in excess of an express dollar amount or in excess of an express rate per unit of electrical energy received.

Terms Used In Washington Code 43.52.410

  • City: means any city or town in the state of Washington authorized to engage in the business of generating and/or distributing electricity. See Washington Code 43.52.250
  • Contract: A legal written agreement that becomes binding when signed.
  • District: means a public utility district as created under the laws of the state of Washington authorized to engage in the business of generating and/or distributing electricity. See Washington Code 43.52.250
  • Electrical energy: means electric energy produced by any means including water power, steam power, nuclear power, and conservation. See Washington Code 43.52.250
  • Public utility: means any person, firm or corporation, political subdivision or governmental subdivision including cities, towns and public utility districts engaged in or authorized to engage in the business of generating, transmitting or distributing electric energy. See Washington Code 43.52.250
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