In order to help stimulate economic development, any municipality furnishing electric
service may, but shall not be required to, negotiate, fix, establish, and collect
rates, tolls, rents, and other charges different from those of other users and consumers
for electrical energy and associated services or facilities. The different rates, tolls, rents, and other charges would be effective for a period
not to exceed five years, for services, commodities, and facilities sold, furnished,
or supplied to or for the benefit of any project approved pursuant to the Quality
Jobs Act beginning operation on or after July 1, 1995, that has new or additional
energy consumption with a minimum electrical demand of five thousand kilowatts during
the applicable billing demand period with a minimum annual load factor of fifty-five
percent. In no case shall such charges be less than the cost of supplying such services.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.