§ 124-5. Purchase and delivery of power; installation of metering equipment.

The method of furnishing the Service of the public utility service of the City of Oneida shall consist of:

A. 

Purchasing and/or acquiring low cost hydroelectric power and/or such other economical forms of energy as shall be available from sources, public or private.

B. 

Delivering said power to the Service for distribution and sale to its customers in the city over the transmission facilities of the Power Authority of the State of New York and the transmission, substation and distribution facilities of Niagara Mohawk Power Corp., or such other entities as applicable and available.

C. 

Installing requisite metering equipment as necessary to monitor the flow of energy.

D. 

Delivering said power, either directly by the Service or by others under contract, over the transmission, substation and distribution facilities leased and/or contracted for, purchased and/or constructed, as above described for compensation to inhabitants of the city and beyond.

E. 

The city on behalf of the Service may contract with the local public utility companies to deliver said power and collect and remit to the city the charges thereof.