Wholesale Wheeling

The wheeling of electric power in amounts and at prices that generally have been negotiated in long term contracts between the power provider and a distributor or very large power customer.

The process of sending electricity from one utility to another wholesale purchaser over the transmission lines of an intermediate utility. Under the Energy Policy Act of 1992, utilities are required to provide wholesale transmission wheeling services to any electric utility, federal power marketing agency, or other company generating electric energy for sale in the wholesale market.