§2602 Definitions

Summary

Defines the key words used in the Act so people know what each term means. Antitrust laws — includes the Sherman Antitrust Act (15 U.S.C. 1 and following), the Clayton Act (15 U.S.C. 12 and following), the Federal Trade Commission Act (15 U.S.C. 14[41] and following), the Wilson Tariff Act (15 U.S.C. 8 and 9), and the Act of June 19, 1936, chapter 592 (15 U.S.C. 13, 13a, 13b, and 21A); class — a group of electric customers with similar electricity use; Commission — the Federal Energy Regulatory Commission; electric utility — any person, State agency, or Federal agency that sells electric energy; electric consumer — any person, State agency, or Federal agency that buys electric energy for use (not resale); evidentiary hearing — for State agencies a public proceeding with notice, chances to present and challenge evidence, a written decision, and court review; for Federal agencies a proceeding under sections 554, 556, and 557 of title 5; for others, a proceeding that follows the State rules as appropriate; Federal agency — an executive agency as defined in section 105 of title 5; load management technique — methods (other than time-of-day or seasonal rates) to lower peak demand, such as ripple or radio control, interruptible service, storage, or load-limiting devices; nonregulated electric utility — any electric utility not regulated by a State; rate — prices, charges, classifications, rules or practices about those charges, and contracts for selling electric energy; ratemaking authority — the power to set, change, approve, or reject rates; rate schedule — the listing of rates a utility charges; sale — includes exchanges of electric energy; Secretary — the Secretary of Energy; State — a State, the District of Columbia, and Puerto Rico; State agency — a State, its political subdivisions, or their agencies or instrumentalities; State regulatory authority — a State agency that has power to set rates for utilities (and for utilities under the Tennessee Valley Authority, means the Tennessee Valley Authority); State regulated electric utility — a utility whose rates are set by a State regulatory authority; integrated resource planning — a utility planning process that compares a full range of options (new generation, power purchases, conservation and efficiency, cogeneration and district heating/cooling, and renewables) to give reliable service at the lowest system cost while considering reliability, dispatchability, risk, and verifiable, lasting energy savings; system cost — all direct, measurable net costs of a resource over its life, including production, distribution, transport, use, waste management, and environmental compliance; demand side management — includes load management techniques.