An EWG is a category of power producer defined by the Energy Policy Act of 1992. EWG's are independent power facilities that generate electricity for sale in wholesale power markets at market-based rates. The Federal Energy Regulatory Commission is responsible for determining EWG status.
Wholesale generators created under the 1992 Energy Policy Act that are exempt from certain financial and legal restrictions stipulated in the Public Utilities Holding Company Act of 1935.
A class of generators defined by the Energy Policy Act of 1992 that includes the owners and/or operators of facilities used to generate electricity exclusively for wholesale or that are leased to utilities.
An unregulated subsidiary of an electric utility that is allowed to generate and sell wholesale power as an independent energy producer, and is exempt from the Public Utility Holding Company Act of 1935.
Created under the 1992 Energy Act, these wholesale generators are exempt from certain financial and legal restrictions stipulated in the Public Utilities Holding Company Act of 1935.
A class of independent power producer created by EPACT that is exempt from PUHCA corporate organizational restrictions. An EWG may generate electricity and sell power wholesale to utilities and other wholesale bulk power purchasers, such as rural electric cooperatives. Any entity, whether currently subject to PUHCA or not, is permitted to own EWGs without limitation. For registered holding companies, approval from the Securities and Exchange Commission (SEC) is required for the financing of EWGs as well as service sales and construction contracts involving EWGs.
A nonutility electricity generator that is not a qualifying facility under the Public Utility Regulatory Policies Act of 1978.
