ORS 261.327: Acquisition of distribution facilities of private utility; compensation for energy efficiency measures.

When a district acquires from an investor owned utility, by eminent domain or otherwise, facilities for the distribution of energy within an affected territory, the district shall compensate the owner of the facilities, in addition to any other amounts otherwise due, an amount equal to the replacement value of the investor owned utility’s unreimbursed investment in energy efficiency measures and installations within the affected territory.