Understanding the Federal Power Marketing Agency and Its Functions

Definition & Meaning

The term Federal Power Marketing Agency refers to any agency or instrumentality of the United States, excluding the Tennessee Valley Authority, that is authorized to sell electric energy. These agencies play a crucial role in the distribution and marketing of power generated from federal resources, ensuring that electricity is available to various regions across the country.

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Real-world examples

Here are a couple of examples of abatement:

For instance, the Western Area Power Administration is a Federal Power Marketing Agency that sells electricity generated from hydroelectric plants in the western United States. Another example is the Bonneville Power Administration, which markets power generated from federal dams in the Pacific Northwest. (hypothetical example)

Comparison with related terms

Term Definition Key Differences
Federal Power Marketing Agency An agency that sells electric energy generated from federal resources. Excludes the Tennessee Valley Authority and focuses on federal power resources.
Tennessee Valley Authority A federally owned corporation that provides electricity for business customers and local power companies. It is not classified as a Federal Power Marketing Agency.

What to do if this term applies to you

If you are involved with a Federal Power Marketing Agency, it is advisable to understand your rights and obligations under federal law. You can explore US Legal Forms for templates related to power agreements or compliance documents. If your situation is complex or involves disputes, seeking professional legal assistance may be necessary.

Quick facts

  • Jurisdiction: Federal level
  • Typical fees: Varies by agency and agreement
  • Possible penalties: Regulatory penalties for non-compliance

Key takeaways