Glossary of Terms

The United States federal agency with jurisdiction over interstate electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. FERC also reviews and authorizes liquefied natural gas (LNG) terminals, interstate natural gas pipelines and non-federal hydropower projects.

The charge for electric energy determined in accordance with section 4 (2) of Regulated Default Supply.

A wires company, distributing electricity throughout our Alberta service territory.

Marketing instruments to manage price risk, reduce the financial uncertainty and bring greater economic performance into the electricity market.

The number of repetitions of a periodic process in a unit of time. The standard frequency of the change in polarity of an alternating current via which electric energy is being delivered in the electric energy market, in Canada and the US, is 60 Hertz per second.

Regulated by the Alberta Ministry of Service Alberta, the Act enhances consumer protection through remedies, enforcement tools, and tougher penalties intended to discourage marketplace fraud.