Securitization

{
  "id": "MLC-T-ENE-002063",
  "term": "Securitization",
  "field": "Energy",
  "definition": "A proposal for issuing bonds that would be used to buy down existing power contracts or other obligations. The bonds would be repaid by designating a portion of future customer bill payments. Customer bills would be lowered, since the cost of bond payments would be less than the power contract costs that would be avoided.",
  "subject": "Electricity",
  "references": [
    "EIA Glossary"
  ],
  "url": "https://mlchart.com/terminology/energy/securitization/"
}