### Question
How is the "electric utility or person" defined?


### Answer
The term **electric utility or person** is defined in *16 U.S.C. § 824r* as follows -

> an electric utility or person that—


(1) as of August 8, 2005, holds firm transmission rights pursuant to contract or by reason of ownership of transmission facilities

#### Citation:
  - *16 U.S.C. § 824r*
  - Heading: **CHAPTER 12-FEDERAL REGULATION AND DEVELOPMENT OF POWER > SUBCHAPTER II-REGULATION OF ELECTRIC UTILITY COMPANIES ENGAGED IN INTERSTATE COMMERCE**

