Utility Plant definition

Utility Plant means all property (including separate and distinct plants, systems and properties), and all permanent improvements, extensions, additions and betterments to or about the plants and properties of the Company which are a part of the Company’s electric utility system (including all generating and transmission plants and properties), and are properly chargeable under GAAP as additions to plant account including, without limiting the scope of the foregoing, property of the character described in the preceding provisions of this definition in process of construction or erection, so far as actually constructed or erected.

Utility Plant means that portion of the System's assets that is used and useful for the operations of the water system, including without limitation, plant in service, construction work in progress, materials, supplies and other items included in utility plant under applicable Law, and excluding CIAC, plant leased to others and, unless expressly allowed by the IURC as utility plant under applicable Law, plant held for future use, and net of accumulated depreciation and amortization.

Utility Plant means the utility plant that is installed from time to time in the Units Component or the Building to provide for the generation, supply, control or metering of the Utility Services;

Examples of Utility Plant in a sentence

• This account shall include the revenues received and expenses incurred in connection with the operations of utility plant, the book cost of which is included in Account 118, Other Utility Plant.

• See also Paragraph A(2), Account 108, Accumulated Provision for Depreciation of Electric Utility Plant.

• Provide revenue to the Company during the deferral period equal to that which would be allowed in rates for a like amount of investment in Utility Plant.

• When any franchise has expired, the book cost thereof shall be credited hereto and charged to Account 426.5, Other Deduc- tions, or to Account 111, Accumulated Provi- sion for Amortization of Electric Utility Plant, as appropriate.

• The depreciation on property in this ac- count shall be charged to Account 403.8, De- preciation Expense, for asset retirement costs, as appropriate, and credited to Ac- count 108, Accumulated Provision for Depre- ciation of Electric Utility Plant.

More Definitions of Utility Plant

Utility Plant means any facility used for or in connection with the generation, production, transmission or distribution of electricity; the production, manufacture, storage or distribution of gas; the transportation or conveyance of gas, oil or other fluid substance by pipeline; or the diverting, developing, pumping, impounding, distributing or furnishing of water.

Utility Plant means any and all utility poles owned in whole or in part by Licensor or others, and the area thereon that Licensor has the right to assign.

Utility Plant has the meaning given to such term in the MO&M Agreement.

Utility Plant means all property (including separate and distinct plants, systems and properties), and all permanent improvements, extensions, additions and betterments to or about the plants and properties of the Company and its Subsidiaries which are a part of its electric utility system (including all generating and transmission plants and properties), and are properly chargeable under GAAP as additions to plant account including, without limiting the scope of the foregoing, property of the character described in the preceding provisions of this definition in process of construction or erection, so far as actually constructed or erected.

Utility Plant means that portion of the assets, facilities and real property on the Site that are used to produce Energy including the NSPI Assets but excluding the Common Systems, as more fully described as the Utility Plant in Schedule 1. “Winding-Up” of, or in relation to, a Person means the administration, dissolution, liquidation or bankruptcy of that Person, or any equivalent or analogous procedure under any Applicable Law.

Utility Plant means a Power Plant with a Turbo Expander unit that individually provides above 150 XX xxxxx turbine individual shaft power, whether net electrical power is delivered to grid or not.

Utility Plant has the meaning given to such term in the License Agreement.