An electric membership corporation may serve any one or more of the following purposes:

(1) Furnish electrical energy and service;

(2) Assist its members in the efficient and economical use of energy;

(3) Engage in research and promote and develop energy conservation and sources and methods of conserving, producing, converting, and delivering energy;

(4) Provide and operate broadband facilities and provide and use the broadband services described in subparagraphs (A) and (B) of paragraph (8.1) of Code Section 46-3-171;

(5) Furnish on a nondiscriminatory basis the broadband services described in subparagraphs (C) and (D) of paragraph (8.1) of Code Section 46-3-171;

(6) Form, fund, support, and operate a broadband affiliate, directly or indirectly, contingent upon compliance with Code Sections 46-5-163 and 46-3-200.2; and

(7) Engage in any lawful act or activity necessary or convenient to effect the foregoing purposes.