L - P

A price set by the mutual decisions of many buyers and sellers operating in a competitive market

The ability to alter the price of wholesale or retail electricity or services to one's advantage -- and away from competitive levels -- in a competitive market (also called market manipulation)

Power sold by a for-profit entity (marketer, broker or generator) at unregulated prices

Commercial transmission investments made in response to market-based incentives, with the full market risk and reward accruing to the investors

A utility that generates or supplies electricity, transmission and distribution generally within the boundaries of a specific municipality and that is owned or operated by the municipality

The commercial, industrial and residential customers in an electric utility's traditional service territory

The non-profit entity comprised of state agencies that regulates utilities

The non-profit entity (ten regional councils and one affiliate) established in 1968 to promote the reliability of North America's electric supply

A for-profit entity or project that generates electricity but is not a utility

The electronic posting system that allows transmission customers to view transmission access data simultaneously