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Federal Energy Regulatory Commission
noun
- an independent agency of the U.S. federal government, created in 1978 and originally within the Department of Energy, charged with setting rates for transportation and sale of electricity, transportation of oil by pipeline, and the licensing of hydroelectric power projects. : FERC
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Example Sentences
It was forced to disgorge profits and pay a fine to the Federal Energy Regulatory Commission.
From The Daily Beast
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