Rhode Island General Laws Title 39. Public Utilities and Carriers § 39-20-3. Powers of domestic electric utilities

(1) Jointly or separately to plan, finance, construct, purchase, operate, maintain, use, share costs of, own, mortgage, lease, sell, provide services for, dispose of, or otherwise participate in electric-generating facilities, or portions thereof, within or without the state, or the product or service therefrom, or securities issued in connection with the financing of electric-generating facilities or portions thereof;

(2) To enter into and perform contracts for joint or separate planning, financing, construction, purchase, operation, maintenance, use, sharing costs of, ownership, mortgaging, leasing, sale, providing services for, disposal of, or other participation in electric-generating facilities, or portions thereof, within or without the state, or the product or service therefrom, or securities issued in connection with the financing of electric-generating facilities or portions thereof, including, without limitation, contracts for the payment of obligations imposed without regard to the operational status of a facility or facilities and contracts with domestic or foreign electric utilities for the sale or purchase of electricity from an electric-generating facility or facilities for long or short periods of time or for the life of a specific electric-generating unit or units; and

(3) To enter into and perform contracts for the transmission both within or without the state of the capacity and related energy from a specifically identified electric-generating facility, wherever located, to its own retail service territory, or to any purchaser of such capacity and related energy; provided, however, that nothing in this section shall be construed to authorize a domestic electric utility to sell electricity at wholesale or retail within or without this state unless: