Utility Glossary

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To help you understand the key issues facing our industry, please use the following glossary of terms:  

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Hedge
A transaction that is made to partially or fully reduce risk exposure due to uncertain or volatile spot market prices. For example, SCE would enter into a bilateral contract to buy energy at a set price when it expects the price of energy to be much greater in the spot market.
Hot Conductor
A term used to refer to a conductor or wire which is energized.
Hydroelectric Plant
A generating facility that uses falling water as the source of fuel to produce electricity. See renewable energy.
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