Public utilities regulatory policy act (purpa) of 1978

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Public utilities regulatory policy act (purpa) of 1978

Meaning of term public utilities regulatory policy act (purpa) of 1978

A law that requires electric utilities to purchase electricity produced from qualifying power producers that use renewable energy resources or are cogenerators. Power providers are required to purchase power at a rate equal to the avoided cost of generati

Source: http://www.desc.dla.mil/dcm/files/all%20inclusive%20energy%20glossary.xls

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