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California Code, Revenue and Taxation Code - RTC § 40044

Current as of January 01, 2025 | Updated by Findlaw Staff

When an electric utility purchases electrical energy and pools in its system the energy with electrical energy generated by it, the consumption of electrical energy in this state from the pool by the utility during any quarter shall be deemed to be a consumption of energy generated by it to the extent that the kilowatt-hours of the electrical energy generated by it during the quarter exceeds the kilowatt-hours consumed by the electric utility.

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Cite this article: FindLaw.com - California Code, Revenue and Taxation Code - RTC § 40044 - last updated January 01, 2025 | https://codes.findlaw.com/ca/revenue-and-taxation-code/rtc-sect-40044/

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