96.901 Authorization for municipal utility operating under KRS 96.550 to 96.900 to participate in group purchasing program. (1) A municipal utility that owns or operates an electric utility under KRS 96.550 to 96.900 may authorize: (a) Membership and participation in a group purchasing program when the municipal utility deems that the purchase of power through a group purchasing program can affect economy or efficiency in the operations of the municipal utility; or (b) The purchase of wholesale electric power for the purpose of resale from any person or entity when the purchase is deemed advantageous to the municipal utility. (2) "Group purchasing program" means a voluntary program that may consist of both public and private utilities for the purchase of wholesale electric power. (3) A municipal utility that is purchasing wholesale electric power for resale to the ultimate customers of the municipal utility as provided under subsection (1) of this section shall not be subject to the provisions of KRS 45A.365 and KRS 424.260. Effective: July 14, 2000 History: Created 2000 Ky. Acts ch. 510, sec. 1, effective July 14, 2000.
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