Term for a company that provides both energy production and facilities for transmitting energy to wholesale customers. G&Ts are usually formed by co-ops and utilities to pool the costs and risks of constructing and managing the generation facilities and high-voltage transmission infrastructure which are needed to deliver energy to their customers. In deregulated markets, G&Ts will likely be replaced by independent transmission companies (TRANSCOs) and generating companies (GENCOs), but they may continue to operate in markets that can't support free market competition in these areas.

See also: