| Term | Description |
|---|
| Initial Daily Settlement | Initial daily settlement is a calculation of load settlement conducted within a short time after the day of flow, such as one to two days. Initial daily settlement, by virtue of its timing, does not use consumption information from cumulative (monthly, bimonthly, or longer) meter readings, nor does it use interval data retrieved on a monthly basis. |
| Initial Monthly Settlement | Initial monthly settlement is a calculation of load settlement for the preceding month. |
| Interconnected Electric System | All electric energy transmission facilities and all distribution systems in Alberta (or any other jurisdiction or combination of jurisdictions) that are interconnected. |
| Interim Adjustment Charge | Interim adjustment charge is the cost difference between Interim and Initial settlement. Interim settlement occurs 3 months after the month of consumption. |
| Interim Settlement Run | The Interim Settlement Run is three months after the Initial Settlement Run. Interval Period. The number of minutes between readings. DIM Report = 15 minutes. WSI Report = 60 minutes. |
| Interval (Time-of-Use) Meter | A meter that measures at intervals of 60 minutes or less the amount of electric energy consumed by a customer and satisfies the standards for revenue collection under the Electricity and Gas Inspection Act (Canada)and the Weights and Measures Act (Canada). |
| Interval End Time | Date and end time of the interval the settlement data is for. The standard Date format has been defined as: YYYYMMDDHHMISS. |
| Interval Period | The number of minutes between readings. DIM Report = 15 minutes. WSI Report = 60 minutes. |
| Investor Owned Utility (IOU) | A utility whose stock is usually publicly trade and which is organized as tax-paying business and financed by the sale of securities in the capital market. It is regulated and achieves allowed rate of return. |
| IPCCAA | Industrial Power Consumers Association of Albertais an organization of large industrial customers whose mission is to take a leadership role in ensuring that a competitive marketplace exists for electrical services. It comprises companies from such key industries as oil and gas, forest products, petrochemicals and steel. |
| IPP | Independent Power Producer. A privately owned power generating facility which may be connected to a utility system to supply electricity for domestic or export markets. |
| IPPSA | The Independent Power Producers' Society of Alberta- representing competitive power producers, wholesale and retail marketers, suppliers, engineering firms, consultants and contractors. |
| ISO | Independent System Operator. |
Glossary