2012 California Codes
RTC - Revenue and Taxation Code
DIVISION 2 - OTHER TAXES [6001 - 60709]
PART 19 - ENERGY RESOURCES SURCHARGE LAW
CHAPTER 3 - Special Provisions and Exemptions
Section 40044


CA Rev & Tax Code § 40044 (through 2013 Leg Sess) What's This?
  

When an electric utility purchases electrical energy and pools in its system the energy with electrical energy generated by it, the consumption of electrical energy in this state from the pool by the utility during any quarter shall be deemed to be a consumption of energy generated by it to the extent that the kilowatt-hours of the electrical energy generated by it during the quarter exceeds the kilowatt-hours consumed by the electric utility.

(Added by Stats. 1974, Ch. 991.)

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