South Carolina Code 58-27-990. Contracts with other utilities
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Terms Used In South Carolina Code 58-27-990
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- commission: means the Public Service Commission of this State. See South Carolina Code 58-27-10
- Contract: A legal written agreement that becomes binding when signed.
- public: means the public generally or any limited portion of the public, including a person, corporation, or municipality. See South Carolina Code 58-27-10
Subject to the approval of the Commission, electrical utilities may contract with each other for the sale and purchase or exchange of electricity if such contract contain a provision that from its date it shall be subject to amendment, modification, change or annulment by the Commission, after due hearing, if the public interest so requires.