This reference book provides a straightforward information resource for the electricity purchaser on how to successfully utilize retail wheeling. Covered in detail are the steps by which the retail wheeling process is implemented, as well as what role agents, marketers and brokers play.

The electricity industry is undergoing profound fundamental changes, and the rate of change has been rapidly escalating in recent years. America's conventional regulated electric utility structure of vertically integrated monopolies with franchised service territories and guaranteed rates of return on investment is being abandoned in the new climate of deregulation and competition. Any fundamental shift in structure brings uncertainty, confusion, and fear.

Designed for anyone involved in the marketing of energy as a commodity, this comprehensive handbook is filled with the latest in energy marketing information. The major components of the Federal Energy Regulatory Commission's recent adoption of Orders 888 and 889 are highlighted.

With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

Completely revised and updated, this handbook will help you understand how utilities are regulated, measured, and priced and will be an important step in helping eliminate unnecessarily excessive utility costs. This latest edition will include more detail on usage and billing processes in the purchase of electricity, the basics of electricity deregulation, samples of expected retail wheeling transactions, details on the nine generation grids in the U.S. and their importance in the everyday electricity transaction.