Expenditures related to either the generation of or sale of electricity by the municipality to customers shall be as follows:

1. (a) Account 4351, “Electric Administration,” shall be for administrative expenditures related to:

   1. (1) The generation of electricity for resale;
   2. (2) The purchase of electricity for resale; and
   3. (3) The resale of electricity;
2. (b) Account 4352, “Generation,” shall be for expenditures related to the production of electricity by municipal assets;
3. (c) Account 4353, “Purchase Costs,” shall be for expenditures to purchase electricity from third party providers for resale;

4. (d) Account 4354, “Electric Equipment Maintenance,” shall be for expenditures related to:

   1. (1) The maintenance of generating equipment; and
   2. (2) The maintenance of electricity distribution equipment owned by the municipality; and
5. (e) Account 4359, “Other Electric Costs,” shall be for expenditures for electrical purposes not classified in (a) through (d) above.

Source. #6335, eff 9-24-96 (from Rev 1707); ss by #8179, eff 9-24-04; ss by #10214, eff 10-24-12; ss by #13489, eff 11-15-22 (see Revision Note at chapter heading for Rev 1700)