qualified smart electric meter
Defined in 1 place of the United States Code.
The term “qualified smart electric meter” means any smart electric meter which—
(i) is 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 10 years.
Source
- 2008–201426 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · under this section
The term “qualified smart electric meter” means any smart electric meter which—
(i) is 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.
Source
- 2014–present26 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · under this section