### Question
How does STANDBY ENERGY AUTHORITIES define price cap contract?


### Answer
Under *42 U.S.C. § 6283*, **price cap contract** is defined as:

> a contract between a retailer and a consumer under which the retailer charges the consumer the market price for propane, kerosene, or heating oil, but the cost of the propane, kerosene, or heating oil may exceed a maximum amount stated in the contract

#### Citation:
  - *42 U.S.C. § 6283*
  - Heading: **CHAPTER 77-ENERGY CONSERVATION > SUBCHAPTER II-STANDBY ENERGY AUTHORITIES > Part C-Energy Emergency Preparedness [Repealed]**

