SECTION 4. DEFINITIONS

The following definitions apply solely for purposes of this revenue procedure:

.01 Generation property . “Generation property” means real and personal property that is used to generate steam or electricity and transmit that steam or electricity to the transmission and distribution network. Generation property excludes the transmission and distribution network. Examples of generation property include coal-fired, natural gas-fired, oil-fired, hydroelectric, and nuclear-powered power stations. Generation property does not in

clude real or personal property not directly used to generate, conduct, or control steam or electricity at any point within a power station. For example, generation property does not include an accessory building (such as an administrative, training, or laboratory building), an office building, an administrative office section of a power station, or furniture and equipment used in such buildings or offices.

.02 Power station . A “power station” is generally, at a minimum, one generating unit — that is, the combination of a power source (some means of providing kinetic energy to the turbine, such as a boiler or dam), a turbine, and a generator. A power station may combine multiple generating units. However, a heat-only boiler station for generating steam power also qualifies as a power station for purposes of this revenue procedure. Due to design variations, an individual power station may or may not contain all of the units of property or major components listed in Appendix A.