An independent regulatory agency within the U.S Department of Energy that has jurisdiction over interstate electricity sales, wholesale electricity rates, natural gas and oil pipeline rates, and gas pipeline certification. It also licenses and inspects private, municipal, and state hydroelectric projects and oversees related environmental matters.
A financial instrument held by a third party on behalf of two other parties in a transaction, The funds are held by the escrow service until the service receives the appropriate written or oral instructions or until obligations have been fulfilled by participating parties. Securities, funds, and other assets can be held in escrow.
A state agency that adopts environmental rules, monitors their effectiveness, and revises them as appropriate; provides technical assistance to interpret and apply rules. (This varies from state to state).
A thorough study of each proposed electric utility project with potential for significant environmental impacts. Includes evaluation of alternatives and impact mititgation.