Search

Search results

    Regional Transmission Organization (RTO)

    A for-profit or non-profit entity that coordinates transmission planning, operations and use on a regional and inter-regional basis and that is subject to FERC approval

    Regulatory Asset

    An intangible (deferred debt cost, accelerated depreciation, etc.) that appears on a regulated utility's balance sheet and that can be recovered from ratepayers under regulation

    Reliability

    The measure of performance of a bulk-power system that results in electricity being delivered to consumers within accepted standards and in the amount desired; measured by frequency, duration and magnitude of adverse impacts on the electric supply (also called system reliability). Reliability comprises both generation adequacy and system security.

    Retail Wheeling

    Allowing a customer to buy electricity from a supplier of choice and transmit (wheel) it on the grid

    Revenue Cap

    An alternative regulation plan that caps a utility's allowed revenues with an external index

    Schedule

    An agreed-upon transaction size (measured in MW), start and end times, start and end ramp times and rates required for delivery and receipt of power and energy between contracting parties and the control areas involved in the transaction

    Seam

    The interface between two control areas or ISOs

    Securitization

    Issuing revenue bonds backed by anticipated revenue to refinance a utility's debt and stranded assets

    Self-Generation

    A generator that serves a specific retail customer, usually on the customer's premises; such a dedicated generator may be partially or fully owned by the customer

Pages