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Negotiating Prepaid Electricity Purchases

February 24, 2010
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


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