Electric Fund definition

Electric Fund means the “Petersburg Borough Electric Utility Enterprise Fund” created by Section 5 of this ordinance, into which fund all Gross Revenue must be paid.
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Electric Fund means that special fund currently titled the Electric Utility Enterprise Fund previously established by the Town to account for the financial activities of Electric Facility Activities.
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Electric Fund means that special fund created by Ordinance No. 53-17 of the City (RMC § 3.24.240) for the deposit of all revenues collected by the City from sale of electric energy or for services rendered by the Electric Utility, and for the payment of the costs and expenses to purchase electric energy, for salaries, materials, supplies, equipment, and repairs relating to sale of electric energy.
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Examples of Electric Fund in a sentence

  • The Town reports the following major enterprise funds: Electric Fund.

  • Electric Fund - This fund receives charges for services from residents to cover the cost of providing this utility.

  • The activity is accounted for in the Village’s Electric Fund, which is reported as part of the combined Enterprise Fund Type in the financial statements.

  • Electric Fund - This fund receives charges for services from residents to cover electric service costs.

  • The City’s major and non-major enterprise funds are: Electric Fund – (Major) – To account for the operation of the City’s electric distribution service.

  • The City’s major enterprise funds are: Electric Fund – This fund is used to account for the operation of the City’s electric service.

  • The City agrees that it will fix and collect rates at a sufficient amount to provide for the pro rata costs and other operating expenses of its Electric Fund.

  • All payments to the Agency by the City must be made from operating revenues of the Electric Fund, and cannot, by law, be paid by other revenues earned or taxes levied by the City.

  • Electric Fund – The Electric Fund is used to account for the City’s electric operations.

  • The Health Fund, however, is “self-funded” and supported by contributions from the General Fund, Water and Wastewater Fund, Electric Fund, and Powell Bill Fund.


More Definitions of Electric Fund

Electric Fund means the fund by that name established in Section 7.01 hereof.
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Electric Fund means the financial and accounting funds maintained by the City for the operations of the Electric Department. (Ord. 1436, §2, 2008)
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Electric Fund means the City’s Electric Enterprise Fund (formerly consisting of the Electric Enterprise Fund and Ruedi Hydroelectric Enterprise Fund, which funds have been combined), and any other fund created by City Council for the purpose of accounting for revenues received in connection with its operation of electric utilities (including, but not limited to, any fund created to account for revenues relating to the Hydroelectric Facility on Castle Creek).
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Related to Electric Fund

  • Electric System means all electrical wires, equipment, and other facilities owned or provided by the utility that are used to transmit electricity to customers.

  • Electric vehicle means a road vehicle that draws propulsion energy only from an on-board source of electrical energy.

  • Pure electric vehicle (PEV) means a vehicle equipped with a powertrain containing exclusively electric machines as propulsion energy converters and exclusively rechargeable electric energy storage systems as propulsion energy storage systems.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Electric bicycle means a “class 1 electric bicycle”, a “class 2 electric bicycle”, or a “class 3 electric bicycle” as defined in this section. (ORC 4511.01(RRR))

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • electric line means any line which is used for carrying electricity for any purpose and includes:

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Electric utility means a consumer-owned utility or

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Electric Service means the furnishing of electric power and energy for lighting, heating, power, or any other purpose for which electric power and energy can be used;

  • Electric power generator means an entity that proposes to

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Electric Facility means a Generator or an electric transmission facility.

  • Electric provider means any of the following:

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Neighborhood electric vehicle means a self-propelled

  • Electric generating unit means an individual electric generator and its associated plant and apparatus whose electrical output is capable of being separately identified and metered. Emergency Condition shall mean a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the CAISO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the CAISO Controlled Grid or the electric systems of others to which the CAISO Controlled Grid is directly connected; (3) that, in the case of the Participating TO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Participating TO’s Transmission System, Participating TO’s Interconnection Facilities, Distribution System, or the electric systems of others to which the Participating TO’s electric system is directly connected; or

  • Electric generation service means the provision of retail

  • Nuclear coating means a protective coating formulated and recommended to seal porous surfaces such as steel (or concrete) that otherwise would be subject to intrusions by radioactive materials. These coatings must be resistant to long-term (service life) cumulative radiation exposure [ASTM method D4082], relatively easy to decontaminate, and resistant to various chemicals to which the coatings are likely to be exposed [ASTM method D3912].

  • energy infrastructure means any physical equipment or facility which is located within the Union or linking the Union to one or more third countries and falling under the following categories:

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO- Approved Meter.

  • Class I renewable energy means electric energy produced from

  • Hybrid electric vehicle (HEV) means a hybrid vehicle where one of the propulsion energy converters is an electric machine.