Resource: A Comprehensive Guide to Its Legal Definition and Context
Definition & Meaning
The term resource refers to elements that contribute to electric power generation or conservation. Specifically, it includes:
- Electric power: This encompasses both the actual and planned capabilities of generating facilities.
- Load reduction: This involves reducing electricity consumption through the use of renewable energy resources or conservation measures by consumers.
Legal Use & context
In legal practice, the term resource is primarily used in the context of energy law and environmental regulations. It is relevant in areas such as:
- Energy regulation
- Environmental conservation
- Utility management
Users may encounter this term when dealing with energy contracts, renewable energy incentives, or conservation programs. Legal templates from US Legal Forms can assist users in navigating these issues effectively.
Real-world examples
Here are a couple of examples of abatement:
Here are a couple of examples of how the term resource might be applied:
- A solar energy installation that generates electricity for a household is considered a resource.
- A program that incentivizes consumers to reduce their electricity usage through energy-efficient appliances represents a load reduction resource. (hypothetical example)
Relevant laws & statutes
The definition of resource is outlined in federal law under:
- 16 USCS § 839a (19) - This statute provides the legal framework for understanding resources in the context of electric power planning and conservation.