### Question
How does the law define rate?


### Answer
Under *16 U.S.C. § 2602*, **rate** is defined as:

> (A) any price, rate, charge, or classification made, demanded, observed, or received with respect to sale of electric energy by an electric utility to an electric consumer, (B) any rule, regulation, or practice respecting any such rate, charge, or classification, and (C) any contract pertaining to the sale of electric energy to an electric consumer

#### Citation:
  - *16 U.S.C. § 2602*
  - Heading: **CHAPTER 46-PUBLIC UTILITY REGULATORY POLICIES**

