Vertically Integrated Utility definition
Vertically Integrated Utility means a utility that owns generation, includes such generation in its regulated rates, and earns a regulated return on its investment in such generation.
Vertically Integrated Utility means a company that provides a utility service for which the business structure is such that it controls every aspect of the supply chain related to the product or service it produces. A vertically integrated electric utility possess responsibility for the generation, transmission, distribution and delivery of electricity to the end user.
Vertically Integrated Utility means a utility that owns generation, includes such generation in its regulated rates, owns generation for the purpose of meeting its a defined load obligation, has a monopoly franchise to serve load, and earns a regulated return on its investment in such generation.