Unbundling (functional unbundling)
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- Electric service is traditionally provided on a bundled basis, meaning that generation, transmission, and distribution services are provided as a single package. By unbundling, the packaged offering of the various services that make up traditional utility service are separated into discreet, separately-priced components. An example would be selling electric power distribution as a separate service without including costs associated with power generation or transmission services. Unbundling could allow the customer to select a different supplier or source for each of the components required to obtain a product or service.
Bureau of Reclamation - Cite This Source - This Definition - BUDS, Cooperative electric utility, direct access, Edison Electric Institute (EEI), Electric power industry, Investor owned utility (IOU), Market-based rates, Municipal utility (municipally-owned electric system), Municipalization, Non-utility generators (NUG\'s), Public Utility Holding Company Act (PUHCA), Rural electric cooperative (cooperatively-owned electric utility), Utility, Wholesale customers, Wholesale wheeling