CHAPTER 374-A AUTHORIZING ELECTRIC UTILITIES TO PARTICIPATE IN ELECTRIC POWER FACILITIES
Authority, Taxation, Regulation
Section 374-A:3
374-A:3 Powers of Foreign Electric Utilities. –
Notwithstanding any contrary provision of any general or special law relating to the powers and authorities of foreign electric utilities, but subject to the conditions set forth in this chapter, a foreign electric utility shall have the following additional powers: Jointly, with one or more other electric utilities, including at least one domestic electric utility, to construct, purchase, operate, maintain, use, own, mortgage, lease, sell, dispose of or otherwise participate in electric power facilities or portions thereof within this state or the product or service therefrom and in connection therewith to enter into and perform within the state contracts and agreements as provided in RSA 374-A:2, II; provided, however, that nothing in this section shall be construed to exempt from state regulation any facility, product or service to which this section applies or to authorize a foreign electric utility to sell electricity at wholesale or retail within this state except:
I. As otherwise authorized by or under the laws of this state other than this chapter;
II. In connection with sales of economy, backup and other energy; and
III. For any sale or sales of capacity and related energy from a specifically identified generating unit which is an electric power facility.