(1)
Administrator— The term Administrator means the Administrator of the Energy Information Administration.
(2)
Commission— The term Commission means the Federal Energy Regulatory Commission.
(3)
Electric consumer— The term electric consumer has the meaning given such term in section 3(5) of the Public Utility Regulatory Policies Act of 1978 (
16 U.S.C. 2602(5)).
(4)
Electricity cost component— The term electricity cost component means an identifiable category of costs incurred to generate electricity, or procure, deliver, or administer electric service to residential customers, commercial customers, or industrial customers, which may be recovered through wholesale market transactions, bundled cost-of-service rates, or other regulatory mechanisms, including—
(A)
electricity generation, capacity, transmission, and delivery, as applicable;
(C)
administrative charges;
(D)
State policy cost components; and
(E)
other cost categories as determined by the Administrator.
(5)
Electric Reliability Organization— The term Electric Reliability Organization has the meaning given such term in section 215(a)(2) of the Federal Power Act (
16 U.S.C. 824o(a)(2)).
(6)
Independent System Operator— The term Independent System Operator has the meaning given such term in section 3 of the Federal Power Act (
16 U.S.C. 796).
(7)
Regional Transmission Organization— The term Regional Transmission Organization has the meaning given such term in section 3 of the Federal Power Act (
16 U.S.C. 796).
(8)
Residential customer— The term residential customer means an electric consumer that receives electric service for use in a private dwelling unit, including single family homes and individual dwelling units within multifamily buildings, and that falls within the residential sector classifications used by the Energy Information Administration in its official publications.
(9)
Small business customer— The term small business customer means a nonresidential electric consumer that is not classified as an industrial customer and that falls within the commercial sector classifications used by the Energy Information Administration in its official publications.
(10)
State policy cost component— The term State policy cost component means the portion of electricity costs attributable to requirements, charges, or obligations established under State law or regulation that affect the cost of providing electricity to electric consumers. State policy cost components include net metering requirements, renewable portfolio standards, and public benefits requirements.
(A)
Net metering— The term net metering means a service to an electric consumer under which electric energy generated by that electric consumer from an eligible on-site generating facility and delivered to the local distribution facilities may be used to offset electric energy provided by the electric utility to the electric consumer during the applicable billing period.
(B)
Renewable portfolio standard— The term renewable portfolio standard means a State policy that requires or establishes a goal for electric utilities or other load serving entities to supply a specified minimum share of electricity sales from eligible renewable energy resources, as defined under State law.
(C)
Public benefits requirement— The term public benefits requirement means a State established requirement, charge, rider, or assessment applied to electric service that, as determined by the Administrator, funds or supports legislatively or regulatorily authorized public interest objectives, including customer support mechanisms, energy efficiency programs, or similar purposes, regardless of the terminology used by the State, local, Tribal, or territorial governments.