Business and Regulation

Page 4 of 9

Electric supply and demand

The general paradigm in electric markets has been

Electric vehicle (EV)

An EV is a vehicle that uses one or more electric

Electric wholesale services

Several types of services are bought and sold in w

Electrical power

Electrical power is the rate of work that can be a

Electrification

Electrification is the act of consumers adopting n

End user

The term end user refers to a consumer of energy t

Energy charge

An energy charge (also called a usage charge or a

Energy efficiency

Energy efficiency reduces overall energy intensity

Energy marketer

Marketers generally purchase electricity from gene

Energy Policy Act of 1992

The key points of the Energy Policy Act are that i

Energy services company

Energy services companies, or ESCOs, evolved in th

Energy storage standard

An energy storage standard is a regulatory mandate

Essential facility

An essential facility is a gas or electric company

Expense

An expense is an expenditure other than capital. M

Federal Energy Regulatory Commission (FERC)

In 1977, the Department of Energy Organization Act

Federal Power Commission

The regulatory agency created by the Natural Gas A

FERC Order 1000

In July 2011, the Federal Energy Regulatory Commis

FERC Order 2000

In an attempt to push the industry toward its desi

FERC Order 888

On April 24, 1996 the FERC issued Order No. 888 wh

Financial instruments

Gas and electric market participants including pro