A - F

See "Financial Transmissions Rights"

The legislation passed by the US Congress requiring electric utilities to provide access to their transmission and increasing wholesale competition in order to reduce the price of electricity for all customers

An unexpected failure or outage of a system that may include single or multiple components and may lead to simultaneous component outages

An entity that enables a customer to reduce consumption, and that typically splits the cost savings

Operating a system so that the single, most severe contingency is sustained without causing instabilities, voltage collapse or overloads

Under the Energy Policy Act of 1992, a wholesale generator that is exempted from certain financial and legal restrictions specified in the Public Utility Holding Company Act of 1935

A specific contiguous electrical path from a point of receipt to a point of delivery for which transfer rights have been contracted

The price paid by a customer who switches to another electricity supplier

An electric system or systems bounded by interconnection metering and telemetry that controls generation to maintain its interchange schedule with other areas and the frequency regulation of its interconnection

A fee paid by an independent power producer or its customer to use a transmission company's system