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Best Practice Guide |
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Glossary |
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Best Practice Guide GlossaryBrowse the glossary alphabetically: VERTICAL INTEGRATION Return to list of termsAn arrangement whereby the same company owns all the different aspects of making, selling, and delivering a product or service. In the electric industry, it refers to the historically common arrangement whereby a utility would own its own generating plants, transmission system, and distribution lines to provide all aspects of electric service. Source: California Energy Commission |