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Electricity

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Administrative and general expenses

Administrative and general expenses are a sub-category of expenses incurred in the normal day-to-day operations of a business. Utility...

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Administrative ratemaking

Administrative ratemaking is an alternative to cost-of-service ratemaking in which a government agency determines rates rather than...

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Advanced metering infrastructure

An advanced metering infrastructure (AMI) is an integrated system of smart meters, communications networks, and data management systems...

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Aggregator

An aggregator is an entity that combines end-use customers or distributed energy assets into groups for the purpose of participating in...

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Allowance for funds used during construction (AFUDC)

Allowance for funds used during construction, commonly called AFUDC, is a regulatory method of compensating a utility for the financing...

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Alternating current (AC)

There are two types of electrical current: direct current, or DC, and alternating current, or AC. In an alternating current system, the...

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Amortization

Amortization is the process of reducing or paying off a financial obligation with regular payments. An example is making equal monthly...

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Ampacity

Ampacity is commonly used in place of the formal term ampere capacity and is the maximum amount of current, in amps, that a particular...

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Ampere (Amp)

Amperes, commonly called amps, are the units used to measure electric current. In an electrical system, the current is determined by...

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Anaerobic digestion biogas

A method to convert biomass to gas is the natural process of anaerobic digestion/decomposition in a device called an anaerobic digester....

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Ancillary services

Ancillary services are the services (other than energy) required by system operators to ensure reliable operation of the electric grid....

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Apparent power

Apparent power is the total amount of power supplied to customers on an electrical system and is quantified in units of volt-amps (VA),...

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Area control error (ACE)

Area control error, commonly called ACE, is a quantity used in operating bulk electric systems. ACE is defined as the instantaneous...

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Automated meter reading (AMR)

Automated meter reading or AMR (also sometimes called automatic meter reading) combines the electronic capabilities of newer solid-state...

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Automatic generation control (AGC)

AGC is a generator control system that adjusts the real power output of generators in response to control signals from the system...

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Balance sheet

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...

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Balancing account

A balancing account is an accounting mechanism used by regulated utilities to keep track of the difference between projected expenses and...

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Balancing authority

A balancing authority is the entity responsible for maintaining system frequency for an area comprising a collection of generation,...

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Balancing authority area

A balancing authority area comprises a collection of supply resources, transmission, and loads within metered boundaries for which a...

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Baseload demand

Baseload demand refers to the minimum constant level of electric demand created by a customer or a group of customers. For a utility or a...

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