Search results
Results From The WOW.Com Content Network
Property Tax Circuit Breaker. A Property Tax Circuit Breaker is a tax refund in the United States given to low income individuals and families whose property tax liability is a large percentage of their yearly income. The term was coined by John Shannon of the Advisory Commission on Intergovernmental Relations in the 1960s.
Assessed home value x tax rate = property tax. For instance, if your home’s assessed value is $400,000 and your local tax rate is 2 percent, you’d owe $8,000 per year in property taxes.
Electrical switch. Earthing systems. v. t. e. A circuit breaker is an electrical safety device designed to protect an electrical circuit from damage caused by current in excess of that which the equipment can safely carry ( overcurrent ). Its basic function is to interrupt current flow to protect equipment and to prevent fire.
An electrical grid (or electricity network) is an interconnected network for electricity delivery from producers to consumers. Electrical grids consist of power stations, electrical substations to step voltage up or down, electric power transmission to carry power over long distances, and finally electric power distribution to customers.
Backfeeding. Backfeeding is the flow of electric power in the direction reverse to that of the generally understood or typical flow of power. Depending on the source of the power, this reverse flow may be intentional or unintentional. If not prevented (in the case of unintentional backfeeding) or properly performed (in cases of intentional ...
The two laws provide a combined $18 billion in property tax relief, the largest tax cut in state history. "There really is only one reason why we even have the ability to pass the legislation that ...
Power system protection. Power system protection is a branch of electrical power engineering that deals with the protection of electrical power systems from faults [citation needed] through the disconnection of faulted parts from the rest of the electrical network. The objective of a protection scheme is to keep the power system stable by ...
Electrical switch. Earthing systems. v. t. e. Electrical wiring in North America follows the regulations and standards applicable at the installation location. It is also designed to provide proper function, and is also influenced by history and traditions of the location installation.