PURPA: It’s Not Just For IOUs Anymore
Thu 7 Aug, 2014 / by Casey Nokes / General
The Public Utility Regulatory Act of 1978 (PURPA) is a federal law that, among other things, requires electric utilities to purchase wholesale power from certain eligible wholesale generators. Although a portion of PURPA establishes retail rate-setting principles applicable to regulated utilities, the heart of the statute lies in its mandate that electric utilities must purchase wholesale power from qualifying facilities (QFs). This is known as the “must-purchase” obligation…… read more
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