← All glossary terms

Utility Rates, Grid, and Markets

Transmission owner

Transmission owner owns transmission facilities and may be distinct from the utility serving the customer or the RTO/ISO operating the grid. This distinction matters for interconnection, upgrade ownership, cost allocation, and outage coordination.

Explore more terms

Resource adequacy

Resource adequacy is the ability of the power system to have enough supply, imports, demand response, and reserves to meet expected demand plus reliability margins. AI load growth has made resource adequacy a core large-load planning issue.

Read definition →

IT load

IT load is the power consumed by servers, storage, and network equipment. Many data center metrics and leases revolve around IT load, while utility interconnection may consider total facility load including cooling and losses.

Read definition →

Yield on cost

Yield on cost is stabilized NOI divided by total project cost. Developers use it to judge whether projected returns justify construction, power infrastructure, land, entitlement, and leasing risk.

Read definition →