Incumbent electric utility definition

Incumbent electric utility means each electric utility in the Commonwealth that, prior to July 1,
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Incumbent electric utility means each electric utility in the Commonwealth that, prior to July 1, 1999, supplied electric energy to retail customers located in an exclusive service territory established by the Commission.
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Incumbent electric utility means an owner or an affiliate of an owner of a merchant electric
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Examples of Incumbent electric utility in a sentence

  • Incumbent electric utility is defined in the Restructuring Act as "each electric utility in the Commonwealth that, prior to July 1, 1999, supplied electric energy to retail customers located in an exclusive service territory established by the Commission." As of July 1, 1999, AEP-VA was the incumbent electric utility providing electric service in its exclusive service territory.

  • It is premature to comment on definitions, but we note that Senate Bill 688 as drafted would not include wholesale entities such as Blue Ridge Power Agency and Virginia Municipal Electric Association No. 1 in the definition of "Electric Utility" and would not include municipal electric systems in the definition of "Incumbent electric utility." Whether these definitions, and perhaps others, are appropriate will depend on the substantive provisions of the bill.


More Definitions of Incumbent electric utility

Incumbent electric utility means a public utility, or an electric
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Incumbent electric utility means a public utility regulated by the public service commission pursuant
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Incumbent electric utility means each electric utility in the Commonwealth that,
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Incumbent electric utility means each electric utility in the Commonwealth that, prior to July 1, 1999, supplied electric energy to retail customers located in an exclusive service territory established by the Commission.” Former Code § 56-576 (Supp. 1999).
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Related to Incumbent electric utility

  • Electric utility means a consumer-owned utility or

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Electric generating unit means an individual electric generator and its associated plant and apparatus whose electrical output is capable of being separately identified and metered. Emergency Condition shall mean a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the CAISO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the CAISO Controlled Grid or the electric systems of others to which the CAISO Controlled Grid is directly connected; (3) that, in the case of the Participating TO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Participating TO’s Transmission System, Participating TO’s Interconnection Facilities, Distribution System, or the electric systems of others to which the Participating TO’s electric system is directly connected; or