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TeachMeFinance.com - explain Interchange authority (electric) Interchange authority (electric) The term 'Interchange authority (electric)' as it applies to the area of energy can be defined as ' The responsible entity that authorizes implementation of valid and balanced Interchange Schedules between Balancing Authority Areas, and ensures communication of Interchange information for reliability assessment purposes. NERC definition'. Previous 5 Terms: intercepted arc Intercepting Drain Interception Interception Storage Requirements Interchange (electric) Next 5 Terms: Interchange energy Interchange transaction (electric) Intercity bus Interconnected system Interconnection 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.