Meaning All-requirements power contract
What does All-requirements power contract mean? Here you find 2 meanings of the word All-requirements power contract. You can also add a definition of All-requirements power contract yourself
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All-requirements power contract An agreement by which a distribution system agrees to purchase all its wholesale electric power from a single power supplier; primarily used by rural and municipal electric systems.
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All-requirements power contractA contract primarily used by municipal electric and rural electric systems that describes a formal agreement entered into by a power supply system and its member distribution systems. In this contract the distribution systems agree to purchase all of their wholesale power needs from the power supply system at rates prescribed in the agreement and a [..]
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