Search Elements:
- Taxonomy
- us-gaap
- Name
- LongTermContractForPurchaseOfElectricPowerAmountOfLongTermDebtOrLeaseObligationOutstanding
- Label
- Long-Term Contract for Purchase of Electric Power, Amount of Long-Term Debt or Lease Obligation Outstanding
- Period Type
- duration
- Balance Type
- credit
- Type
- xbrli:monetaryItemType
- Definition
- Under long-term contracts with public utility districts, cooperatives or other organizations, a utility company receives a portion of the output of a production plant constructed and financed by the district or cooperative. The utility has only a nominal or no investment at all in the plant but pays a proportionate part of the plant''s costs, including debt service.