A. On or before January 1, 2024, a public power entity that is an agricultural improvement district established pursuant to Title 48, Chapter 17 shall offer a buy-through program that both:

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1. Includes terms, conditions and limitations, including a minimum qualifying load and a maximum amount of program participation.

2. Is structured to maintain system reliability and to avoid a cost shift to nonparticipating customers.

B. For the purposes of this section, "buy-through" means a purchase of electricity by a public power entity at the direction of a particular retail consumer, subject to the terms of the program.