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Administrative and general expenses are a sub-category of expenses incurred in the normal day-to-day operations of a business. Utility...
Administrative ratemaking is an alternative to cost-of-service ratemaking in which a government agency determines rates rather than...
An aggregator is an entity that combines end-use customers or distributed energy assets into groups for the purpose of participating in...
Allowance for funds used during construction, commonly called AFUDC, is a regulatory method of compensating a utility for the financing...
Amortization is the process of reducing or paying off a financial obligation with regular payments. An example is making equal monthly...
A balance sheet is a financial snapshot of the value of the assets owned by a company and the liabilities owed by a company at a point in...
A balancing account is an accounting mechanism used by regulated utilities to keep track of the difference between projected expenses and...
Basis is a term used in energy trading to describe the difference between two methods of setting prices. Examples of basis include:...
A bilateral contract is a private trade between two parties. Bilateral transactions usually occur on the phone with two individuals...
The service that gas and electric end users receive is actually two services: commodity (which is the natural gas or electron flow) as...
Bypass is the act of connecting an end-use customer directly to a gas or electric delivery system other than the customer’s utility...
CME Group is an American global markets company. It is the world's largest financial derivatives exchange, and it trades in asset classes...
California implemented electric deregulation on April 1, 1998. In the first years (1998–1999) wholesale electric prices dropped — so much...
Cap and Trade is a regulatory mechanism tied to reducing emissions by power plants or other industries. It is designed for flexibility in...
When market participants contract to use specific facilities, they often contract for rights to use a specific amount of capacity on the...
In the natural gas industry, capacity measures the capability of a well, processing plant, pipeline, storage facility, or LNG facility to...
A capacity payment is made by a user of an energy asset to the owner of that asset in return for the rights to utilize the asset’s...
Capacity release (also called capacity brokering) is the act of reselling firm pipeline rights to a new entity. The market where capacity...
Monetary capital is the money required to acquire and construct long-term assets (capital assets) necessary to safely and reliably...
A utility capital expenditure refers to money spent to buy or build assets with a life expectancy of longer than one year. Typical...