ESB Power: Difference between revisions
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'''ESB Power''' is Constancia's leading energy corporation, and is under the [[ESB Group]]. Its subsidiaries are [[ESB Electricity]], [[ESB Illumination]], and [[ESB Electromagnetic]]. It owns and operates the [[Aqaba Coast Wave Power Plant]] and [[Nivardom Coast Wave Power Plant]]. | '''ESB Power''' is Constancia's leading energy corporation, and is under the [[ESB Group]]. Its subsidiaries are [[ESB Electricity]], [[ESB Illumination]], and [[ESB Electromagnetic]]. It owns and operates the [[Aqaba Coast Wave Power Plant]] and [[Nivardom Coast Wave Power Plant]]. | ||
By virtue of a Decree-in-Council bearing date 16.XIV.1685 at [[Cape Isabella]], [[Transegale]], it secured a 50-year service contracting of power production, supply, and distribution within the Principality to the ESB Group, provided that 10 percentum of gross revenues in the management thereof in Arboria Proper, Transegale, and Universalis shall accrue to the respective treasuries thereof, and that 2 percentum of gross revenues in the management thereof shall accrue to the treasury of the Principality as respective franchise taxes in lieu of all other taxes. In this regard, it operates a 40% affiliate, [[Arboria Principality Power Corporation]]. | |||
On 2.X.1701, in accordance with [[Zeed Directive 2]], it received a contract to operate and manage [[Zeed]] power plants and infrastructure. | On 2.X.1701, in accordance with [[Zeed Directive 2]], it received a contract to operate and manage [[Zeed]] power plants and infrastructure. | ||
Effective 1721, it announced an ESB Employee Discount program, where ESB employees and ESB veterans who were subscribers were entitled to a discount on their monthly bills. | |||
ESB Power was awarded a 50-year contract and concession to supply and provide power for the entire [[Constancian Vipia]] on 2.XIII.1734. | |||
By virtue of another Decree-in-Council bearing date 1.V.1735 at the Natopian Embassy, [[Constancia]], it secured another 50-year service contracting of power production, supply, and distribution within the Principality of Arboria to the ESB Group, provided that 10 percentum of gross revenues in the management thereof in Arboria Proper, Transegale, and Universalis shall accrue to the respective treasuries thereof, and that 2 percentum of gross revenues in the management thereof shall accrue to the treasury of the Principality as respective franchise taxes in lieu of all other taxes. | |||
At the same time, ESB Group (and ESB Power, accordingly) received a 50-year service contracting of power production, supply, and distribution in [[Amaland]]. | |||
==Governance== | ==Governance== | ||
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President: | President: | ||
[[Category:ESB Group]] | [[Category:ESB Group]][[Category:Companies]][[Category:Constancia]][[Category:Zeed]] | ||
[[Category:Economy of Zeed]] | |||
Latest revision as of 21:11, 12 November 2024
ESB Power is Constancia's leading energy corporation, and is under the ESB Group. Its subsidiaries are ESB Electricity, ESB Illumination, and ESB Electromagnetic. It owns and operates the Aqaba Coast Wave Power Plant and Nivardom Coast Wave Power Plant.
By virtue of a Decree-in-Council bearing date 16.XIV.1685 at Cape Isabella, Transegale, it secured a 50-year service contracting of power production, supply, and distribution within the Principality to the ESB Group, provided that 10 percentum of gross revenues in the management thereof in Arboria Proper, Transegale, and Universalis shall accrue to the respective treasuries thereof, and that 2 percentum of gross revenues in the management thereof shall accrue to the treasury of the Principality as respective franchise taxes in lieu of all other taxes. In this regard, it operates a 40% affiliate, Arboria Principality Power Corporation.
On 2.X.1701, in accordance with Zeed Directive 2, it received a contract to operate and manage Zeed power plants and infrastructure.
Effective 1721, it announced an ESB Employee Discount program, where ESB employees and ESB veterans who were subscribers were entitled to a discount on their monthly bills.
ESB Power was awarded a 50-year contract and concession to supply and provide power for the entire Constancian Vipia on 2.XIII.1734.
By virtue of another Decree-in-Council bearing date 1.V.1735 at the Natopian Embassy, Constancia, it secured another 50-year service contracting of power production, supply, and distribution within the Principality of Arboria to the ESB Group, provided that 10 percentum of gross revenues in the management thereof in Arboria Proper, Transegale, and Universalis shall accrue to the respective treasuries thereof, and that 2 percentum of gross revenues in the management thereof shall accrue to the treasury of the Principality as respective franchise taxes in lieu of all other taxes.
At the same time, ESB Group (and ESB Power, accordingly) received a 50-year service contracting of power production, supply, and distribution in Amaland.
Governance
Chair: The Countess Palatine of Mirioth and Amity
Vice Chair: The Prince of Molivadia
Court of Directors:
President:
