GLOSSARY OF TERMS
We at J.Pollock know that the energy industry is our area of expertise, not necessarily yours. To assist you in “speaking the lingo,” we offer this glossary of industry terms.
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INDUSTRY ACRONYMS
Every business has its own unique sets of acronyms. Below is a list of some of ours to help you better understand.
| AFUDC |
ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION |
| AGC |
AUTOMATIC GENERATION CONTROL |
| BTU |
BRITISH THERMAL UNIT |
| CCN |
CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY |
| CP |
COINCIDENT PEAK DEMAND |
| CTC |
COMPETITIVE TRANSITION CHARGE |
| CWIP |
CONSTRUCTION WORK IN PROGRESS |
| CIAC |
CONTRIBUTION IN AID OF CONSTRUCTION |
| COSS |
COST OF SERVICE STUDY |
| DSM |
DEMAND-SIDE MANAGEMENT |
| DR |
DEMAND RESPONSE |
| DSP |
DISTRIBUTION SERVICE PROVIDER |
| ESCOS |
ENERGY SERVICES COMPANIES |
| EWG |
EXEMPT WHOLESALE GENERATOR |
| FERC |
FEDERAL ENERGY REGULATORY COMMISSION |
| GW |
GIGAWATT |
| HHI |
HERFINDAHL-HIRSCHMAN INDEX |
| IDR |
INTERVAL DATA RECORDER |
| IPP |
INDEPENDENT POWER PRODUCER |
| ISO |
INDEPENDENT SYSTEM OPERATOR |
| IRP |
INTEGRATED RESOURCE PLAN |
| KVA |
KILOVOLT-AMPERE |
| KW |
KILOWATT |
| KWH |
KILOWATT-HOUR |
| LAAR |
LOAD ACTING AS A RESOURCE |
| LSE |
LOAD SERVING ENTITY |
| MFF |
MUNICIPAL FRANCHISE FEES |
| MMBTU |
MILLIONS OF BTUS |
| MW |
MEGAWATT |
| MWH |
MEGAWATT-HOUR |
| NBV |
NET BOOK VALUE |
| NERC |
NORTH AMERICAN ELECTRIC RELIABILITY COUNCIL |
| NCP |
NON-COINCIDENT PEAK |
| NUG |
NON-UTILITY GENERATOR |
| O&M |
OPERATION & MAINTENANCE EXPENSE |
| OASIS |
OPEN ACCESS SAME-TIME INFORMATION SYSTEM |
| OATT |
OPEN ACCESS TRANSMISSION TARIFF |
| PPA |
PURCHASED POWER AGREEMENT |
| PURPA |
PUBLIC UTILITY REGULATORY POLICY ACT |
| QF |
QUALIFYING FACILITY |
| REP |
RETAIL ELECTRIC PROVIDERS |
| ROR |
RATE OF RETURN |
| RTP |
REAL-TIME PRICING |
| ROE |
RETURN ON COMMON EQUITY |
| TDSP |
TRANSMISSIONS DISTRIBUTION SERVICE PROVIDER |
| THERM |
100,000 BTUS |
| TOU |
TIME-OF-USE RATES |
| TSP |
TRANSMISSION SERVICE PROVIDER |