Electric utility

A corporation, person, agency, authority, or other legal entity or instrumentality aligned with distribution facilities for delivery of electric energy for use primarily by the public. Included are investor-owned electric utilities, municipal and State utilities, Federal electric utilities, and rural electric cooperatives. A few entities that are tariff based and corporately aligned with companies that own distribution facilities are also included.

Those items related to transactions of a nonrecurring nature that are not typical or customary business activities of the utility and that would significantly distort the current year's net income if reported other than as extraordinary items.

Wood energy, garbage, bagasse (sugarcane residue), sewerage gas, and other industrial, agricultural, and urban refuse used to generate electricity for distribution.