Investor-owned electric utility definition

Investor-owned electric utility means a utility:
Investor-owned electric utility or "utility" means a public utility, as defined in IC 8-1-2-1:
Investor-owned electric utility or “utility” means a utility that is financed by the sale of securities and whose business operations are overseen by a board representing their shareholders.

Related to Investor-owned electric utility

  • 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.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

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