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Current as of January 01, 2024 | Updated by Findlaw Staff
For purposes of economy, efficiency, and conserving oil and natural gas, the head of a federal agency, when practicable and consistent with other laws and requirements applicable to that agency, shall endeavor to purchase electric energy from a non-federal person for consumption in Alaska by a facility of that agency when (taking into account the remaining useful life of any facility available to that agency to generate electric energy for that agency and the cost of maintaining the facility on a standby basis) the purchase will result in--
(1) a savings to other consumers of electric energy sold by that non-federal person without increasing the cost incurred by any federal agency for electric energy; or
(2) a cost savings to the federal agency purchasing the electric energy without increasing costs to other consumers of electric energy.
Cite this article: FindLaw.com - 40 U.S.C. § 17903 - U.S. Code - Unannotated Title 40. Public Buildings, Property, and Works § 17903. Purchase of electric power - last updated January 01, 2024 | https://codes.findlaw.com/us/title-40-public-buildings-property-and-works/40-usc-sect-17903/
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 before relying on it for your legal needs.
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