18 CFR 292.602 - Exemption to qualifying facilities from the Public Utility Holding Company Act of 2005 and certain State laws and regulations.
(a)Applicability. This section applies to any qualifying facility described in § 292.601(a), and to any qualifying small power production facility with a power production capacity over 30 megawatts if such facility produces electric energy solely by the use of biomass as a primary energy source.
(b)Exemption from the Public Utility Holding Company Act of 2005. A qualifying facility described in paragraph (a) of this section or a utility geothermal small power production facility shall be exempt from the Public Utility Holding Company Act of 2005, 42 U.S.C. 16,451-63.
(c)Exemption from certain State laws and regulations.
(i) The rates of electric utilities; and
(ii) The financial and organizational regulation of electric utilities.
(2) A qualifying facility may not be exempted from State laws and regulations implementing subpart C.
Title 18 published on 2015-08-22.
No entries appear in the Federal Register after this date, for 18 CFR Part 292.