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TeachMeFinance.com - explain Facility Facility The term 'Facility' as it applies to the area of energy can be defined as ' An existing or planned location or site at which prime movers, electric generators, and/or equipment for converting mechanical, chemical, and/or nuclear energy into electric energy a resituated or will be situated. A facility may contain more than one generator of either the same or different prime mover type. For a cogenerator, the facility includes the industrial or commercial process'.
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