96.890 Competition with rural electric cooperative or other municipal plant forbidden -- Cooperative agreements.

KY Rev Stat § 96.890 (2019) (N/A)

Copy with citation

Copy as parenthetical citation

96.890 Competition with rural electric cooperative or other municipal plant forbidden -- Cooperative agreements. No municipality or board operating an electric plant under the provisions of KRS 96.550 to 96.900 shall enter into competition with, or construct, maintain, or operate, any facilities or service in competition with any rural electric cooperative corporation or electric plant operated by another municipality or board organized under the laws of this state in any territory being served by any such rural electric cooperative corporation or other municipality or board; but any municipality or board operating an electric plant under the provisions of KRS 96.550 to 96.900 may enter into cooperative agreements with any such rural electric cooperative corporation or other municipality or board for a connection for cooperative service upon such terms and conditions as may be mutually agreed upon between any such municipality or board and any such rural electric cooperative corporation or other municipality or board. Such agreements may provide, but not by way of limitation, for exchange of electric service, the cooperative use of transmission lines and other facilities, and the common use or exchange of other service or facilities. History: Created 1942 Ky. Acts ch. 18, sec. 32.

Previous Section

96.880 Plant not subject to authority of Public Service Commission except as to extension of service -- Bonds do not require approval.

Next Section

96.895 Proration and distribution of payments of sums equivalent to taxes based on book value among the state, counties, cities, and school districts -- Regional development agency assistance fund -- Portion of TVA payment received by state to be transferred to fund for distribution to regional development agencies in fund-eligible counties.