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- Rates for power or electric service that are established in an unregulated, competitive market. These rates can be established through competitive bidding or through negotiations between the buyer and seller, rather than set by a regulator. As portions of the electric industry become less regulated, market prices are increasingly important for making business decisions.
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), 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), Unbundling (functional unbundling), Utility, Wholesale customers, Wholesale wheeling