Definitions for "Independent power producer"
A company that generates power to be purchased at wholesale.
Wholesale electric producer unaffiliated with the franchised utility in the area in which it is selling power.
A wholesale electricity producer that is unaffiliated with franchised utilities in the area in which the IPP is selling power and that lacks significant marketing power. IPPs do not possess transmission facilities that are essential to their customers and do not sell power in any retail service territory where they have a franchise.