1.Energy generated by a pattern of oscillation of electrons and protons. A type of energy. A source of power used to provide light, heat, or energy for devices such as computers. 2. Describes a person or an object, or their results, as exciting, quick, powerful and even efficient. A positive colloquial business term. 3. A type of monthly expense for a company or individual. The expense is for the purchase and use of electricity. Payments and rates will vary based on company location, how much electricity is used, and how the electricity is produced. Some companies generate their own power by generators, This avoids using a city’s or regional company’s electricity.