Negotiating Prepaid Electricity Purchases

Wed 24 Feb, 2010 / by Cable Huston / General

In 2003, the United States Treasury Department released new regulations implementing Section 141(c) of the Internal Revenue Code of 1986 that enable consumer-owned utilities to enter into prepaid contracts for electricity financed through the issuance of tax-exempt bonds. Although pre-paid transactions for electricity have generated a lot of buzz, the reality is that there have only been a small handful of deals completed on that basis….. Read More