- Industry: Energy
- Number of terms: 18218
- Number of blossaries: 1
- Company Profile:
The American Gas Association represents local energy companies that deliver natural gas throughout the United States.
The term "meter rate" is applicable to any method of charge for gas service based solely upon quantity, such as Mcf or therms used. Declining Block. The term "block" indicates that a certain specified price per unit is charged for all units of gas taken within specified increments of use. Reduced prices per unit are charged for all or any part of succeeding blocks of such units, each such reduced price per unit applying only to a particular block or portion thereof. Inverted. The term "inverted" indicates that an increasing unit charge will be applied to succeeding blocks of increasing energy use. Step. The term "step" indicates that a certain specified price per unit is charged for all gas taken during a billing period, the rate, or price depending on the particular step within which the total consumption falls. Straight-Line (Flat). The term "straight-line" indicates that the price charged per unit is constant, i.e., does not vary on account of an increase or decrease in the number of units.
Industry:Energy
A device for measuring the voltage or the resistance of an electrical circuit. Some models also measure current flow through components in electrical circuits.
Industry:Energy
A method to allocate demand costs by function to customer classes based on the customer classes' contract quantity or a company's obligation to serve the customer class.
Industry:Energy
A targeted increase in end-use consumption during certain time periods or among certain customer types. The result is a general increase in energy sales beyond the valley filling strategy. Strategic load growth may involve increased market share of loads that are, or can be, served by competing fuels, as well as area development.
Industry:Energy
Approved rates which yield a rate of return insufficient to attract new capital.
Industry:Energy
In ratemaking intergeneration refers to costs that are incurred by more than one generation of rate payers (e.g., depreciation). Section 9 of the Natural Gas Act requires a separate just and reasonable finding on any intergeneration costs even in Settlements.
Industry:Energy
See ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION.
Industry:Energy
Technically, the temperature registered by the dry bulb thermometer of a psychrometer. It is identical with the temperature of the air.
Industry:Energy
The last or lowest priced block of energy in a declining block rate structure.
Industry:Energy
