Good Utility Practice

Good Utility Practice. Means the applicable practices, methods, and acts: (i) required by applicable Laws, applicable permits, applicable reliability criteria, whether or not the Party whose conduct at issue is a member thereof, and (ii) otherwise engaged in or approved by a significant portion of the United States electric utility industry during the relevant time period, which, in the exercise ... of reasonable judgement in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with applicable Laws, applicable permits, applicable reliability criteria, good business practices, safety, environmental protection, economy and expediency. Good Utility Practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather to practices, methods or acts generally accepted by the United States electric utility industry. View More

Good Utility Practice. Shall mean any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business... practices, reliability, safety, expedition and compliance with applicable law and regulations. Good Utility Practice is not intended to be limited to the optimum practice, method, or act, to the exclusion of all others, but rather to be practices, methods, or acts generally accepted in the electric utility industry. Good Utility Practices shall include, where applicable, but not be limited to North American Electric Reliability Council ("NERC") criteria, guidelines, rules and standards, Northeast Power Coordinating Council ("NPCC") criteria, guidelines, rules and standards, New York State Reliability Council ("NYSRC") criteria, guidelines, rules and standards, if any, and NYISO criteria, guidelines, rules and standards, -3- as they may be amended from time to time including the rules, guidelines and criteria of any successor organization of the foregoing entities. When applied to PRODUCER, the term Good Utility Practice shall also include standards applicable to a generator were the generator a utility generator connecting to the distribution or transmission facilities or system of another utility. View More

Good Utility Practice. Shall mean any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability,... safety and expedition. Good Utility Practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather is intended to include acceptable practices, methods, or acts generally accepted in the region. View More