18 C.F.R. § 292.301 – Scope.

(a) Applicability. This subpart applies to the regulation of sales and purchases between qualifying facilities and electric utilities.
(b) Negotiated rates or terms. Nothing in this subpart:
1. (1) Limits the authority of any electric utility or any qualifying facility to agree to a rate for any purchase, or terms or conditions relating to any purchase, which differ from the rate or terms or conditions which would otherwise be required by this subpart; or
2. (2) Affects the validity of any contract entered into between a qualifying facility and an electric utility for any purchase.