SECTION 3. SCOPE

.01 Applicability . This revenue procedure applies to a taxpayer that has a depreciable interest in steam or electric power generation property primarily used in the trade or business of generating or selling steam (or steam in the form of heat) or electricity.

.02 Inapplicability . This revenue procedure applies only to property defined in Appendix A of this revenue procedure. Specifically, this revenue procedure does not apply to property used to produce electricity from alternative energy sources such as wind or photovoltaic.

.03 Scope determined at entity level for consolidated groups and passthrough enti- ties . The determination of whether a taxpayer is within the scope of this revenue procedure is made by each member of a consolidated group, by a partnership, or by an S corporation.