Glossary of Terms

Local Distribution Company.

A device that allows for a limited amount of electricity to flow to a residential customer.

Internalizes real-time congestion costs.

The instantaneous amount of electric energy delivered or required at any specific point of points in Alberta's Interconnected System.

A fee paid by utilities to local governments in lieu of access to municipal right-of-way and property taxes on linear property. (Also Franchise Fee)

A computer system and associated operations and interfaces operated by load settlement agents used to determine the load responsibility of each unit of the settlement interval for each retailer operating within the settlement zone.

Party conducting load settlement calculations for a particular settlement zone.