§ 831i. — Sale of surplus power; preferences; experimental work; acquisition of existing electric facilities.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC831i]
TITLE 16--CONSERVATION
CHAPTER 12A--TENNESSEE VALLEY AUTHORITY
Sec. 831i. Sale of surplus power; preferences; experimental
work; acquisition of existing electric facilities
The Board is empowered and authorized to sell the surplus power not
used in its operations, and for operation of locks and other works
generated by it, to States, counties, municipalities, corporations,
partnerships, or individuals, according to the policies hereinafter set
forth; and to carry out said authority, the Board is authorized to enter
into contracts for such sale for a term not exceeding twenty years, and
in the sale of such current by the Board it shall give preference to
States, counties, municipalities, and cooperative organizations of
citizens or farmers, not organized or doing business for profit, but
primarily for the purpose of supplying electricity to its own citizens
or members: Provided, That all contracts made with private companies or
individuals for the sale of power, which power is to be resold for a
profit, shall contain a provision authorizing the Board to cancel said
contract upon five years' notice in writing, if the Board needs said
power to supply the demands of States, counties, or municipalities. In
order to promote and encourage the fullest possible use of electric
light and power on farms within reasonable distance of any of its
transmission lines the Board in its discretion shall have power to
construct transmission lines to farms and small villages that are not
otherwise supplied with electricity at reasonable rates, and to make
such rules and regulations governing such sale and distribution of such
electric power as in its judgment may be just and equitable: Provided
further, That the Board is authorized and directed to make studies,
experiments, and determinations to promote the wider and better use of
electric power for agricultural and domestic use, or for small or local
industries, and it may cooperate with State governments, or their
subdivisions or agencies, with educational or research institutions, and
with cooperatives or other organizations, in the application of electric
power to the fuller and better balanced development of the resources of
the region: Provided further, That the Board is authorized to include in
any contract for the sale of power such terms and conditions, including
resale rate schedules, and to provide for such rules and regulations as
in its judgment may be necessary or desirable for carrying out the
purposes of this chapter, and in case the purchaser shall fail to comply
with any such terms and conditions, or violate any such rules and
regulations, said contract may provide that it shall be voidable at the
election of the Board: Provided further, That in order to supply farms
and small villages with electric power directly as contemplated by this
section, the Board in its discretion shall have power to acquire
existing electric facilities used in serving such farms and small
villages: And provided further, That the terms ``States'', ``counties'',
and ``municipalities'' as used in this chapter shall be construed to
include the public agencies of any of them unless the context requires a
different construction.
(May 18, 1933, ch. 32, Sec. 10, 48 Stat. 64; Aug. 31, 1935, ch. 836,
Sec. 6, 49 Stat. 1076.)
Amendments
1935--Act Aug. 31, 1935, inserted last three provisos.
