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TeachMeFinance.com - explain Independent power producer Independent power producer The term 'Independent power producer' as it applies to the area of energy can be defined as ' A corporation, person, agency, authority, or other legal entity or instrumentality that owns or operates facilities for the generation of electricity for use primarily by the public, and that is not an electric utility'. Previous 5 Terms: INDC Indemnity payment Independent assortment independent events Independent Laboratory Next 5 Terms: Independent Power Producer (IPP) Independent spent fuel storage installation (ISFSI) Independent system operator (ISO) independent variable Indeterminate public health hazard About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.