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But either way, a deregulated industry could still be carved out with competing, nonutility generators, transmission operators and local energy service providers. In 1978, federal law changed to allow a new type of power generator, often known as a nonutility generator, to sell power to the regulated electric utilities. 91-6, Revenue Recognition of Long-Term Power Sales Contracts, is a specialized-industry issue that addresses how nonutility generators ( |
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