qualified smart electric grid system
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 168 — under this section (2 versions over time)
The term “qualified smart electric grid system” means any smart grid property which—
(i) is used as part of a system for electric distribution grid communications, monitoring, and management placed in service by a taxpayer who is a supplier of electric energy or a provider of electric energy services, and
(ii) does not have a class life (determined without regard to subsection (e)) of less than 16 years.