Q - U

Wholesale electricity pricing that is determined separately by zone, based on the supply and demand in a region, and uses locational marginal pricing (LMP)

A predetermined rate offered to a customer who remains with a utility, instead of choosing another electric supplier in a competitive marketplace

A social program or regulatory asset (low-income assistance, energy efficiency, etc.) that is no longer financial (i.e., no captive ratepayers to pay for the programs) in a developing or fully competitive electricity market because it would no longer be...

The cost of a past investment that would not be recovered in a developing or fully competitive electricity market because it would no longer be included in a utility's rates (also known as stranded investment

The schedule of rates, terms and conditions that a utility submits to a state's public utilities commission for regulatory approval

A transmission line that connects two control areas or regions

Charging customers for electric usage, based on the bloc of time (generally on-peak, mid-peak or off-peak) it is consumed

An investor-owned, for-profit entity that combines the operation and ownership of transmission assets

Moving electrical energy from a generating source across a high voltage grid to an interconnection or a point of use within a utility system

When a transmission operator must curtail transmission to prevent the grid from collapse