Greenlight · Level 2 auditing

Lesson 9 of 9

Glossary and aliases

The same thing under six names. Print this one and keep it beside you.

Why this page exists

Most confusion in this work is not conceptual. It is two documents calling one thing by two names.

The same thing, different names

One thingAlso called
Utilitydistribution company, delivery company, the wires company, the pipes company
SupplierESCO, REP, CRES, third-party supplier, marketer, the energy company
Default servicestandard offer, basic service, price to compare, provider of last resort, utility supply
Tariffrate book, rate filing, schedule of rates, the filed tariff
Raterate schedule, rate class, service class, rate code, price plan
Rideradjustment clause, surcharge, tracker, mechanism, factor
DemandkW, peak demand, billing demand, maximum demand
EnergykWh, consumption, usage
EDUERU, SFE, sewer unit, equivalent dwelling unit
RegulatorPUC, PSC, the Commission, the state commission

People and companies

TermMeaning
UtilityOwns the wires or pipes and the meter. Delivers to the building. One per address, no choice.
SupplierSells the commodity itself. Only exists in deregulated states, and only if the customer chose one.
Default serviceThe utility buying energy on behalf of a customer who never chose a supplier.
RegulatorThe state body that approves what a utility may charge. Why the tariff is public.
Municipal utility, co-opCity-owned or member-owned. Often outside the state commission, with a much thinner rate document.
Deregulated stateDelivery and supply are separate businesses. Two companies, sometimes two bills.

Documents

TermMeaning
TariffThe utility’s public, approved price book. If a charge is not in it, it cannot be billed.
Rate scheduleOne price plan inside the tariff. Has availability, prices, a minimum bill, and terms.
AvailabilityThe section saying who may take a rate. Read it before the prices.
RiderAn add-on charge, credit or programme attached to a rate. Some automatic, some by application.
SheetOne page of the tariff. Revised individually, which is why versions overlap.
Effective dateWhen a sheet’s prices start applying. What you match to the bill’s service period.
SupersedesA note saying which earlier sheet this one replaces. Follow it backwards to find old versions.
Minimum billThe floor. Savings below it are not real.

Electric

TermMeaning
kWhKilowatt-hour. Energy used over the month. The odometer.
kW — demandThe highest rate of draw in the month, usually the biggest 15-minute average. The speedometer.
Load factorHow flat the usage is. Flat suits demand rates; spiky does not.
Secondary, primary, transmissionThe voltage at which the customer connects. Decides which rates are available.
RatchetA rule making an earlier peak keep setting billed demand for months afterwards.
Time-of-use (TOU)A rate whose price changes by hour of day.
kVA, power factorMeasures of how efficiently the customer draws power. Some rates charge for poor power factor.

Gas

TermMeaning
CCF, MCFOne hundred and one thousand cubic feet. What the meter measures.
Therm, DthUnits of heat. One therm is 100,000 BTU; a Dth is ten therms. What the bill charges.
Conversion factorTurns measured volume into billed heat. Moves slightly each month.
Sales vs transportSales: the utility supplies the gas. Transport: someone else does, the utility only moves it.

Water and sewer

TermMeaning
CCFOne hundred cubic feet. We use 1 CCF = 748 gallons.
Meter sizeDrives the fixed charge and often decides the rate. As important as the rate code.
Included allotmentVolume already covered by the minimum charge. Usage below it is paid for either way.
Sewer deductionRemoving water that never reaches the sewer — irrigation, cooling, product — from the sewer charge.
EDUEquivalent dwelling unit. One home’s worth of sewer flow. A fixed assigned count, not a measurement.

Billing

TermMeaning
Customer chargeFlat monthly fee, charged regardless of usage.
Distribution chargePer-unit charge for delivery. The utility’s side.
Block, tierA price that changes above a usage threshold. One tariff component, several bill lines.
Pro-ratingBilling a monthly charge by day count. The usual cause of small unexplained gaps.
Estimated read (EST)A guessed meter reading. Corrected later, which distorts the months around it.
MultiplierA factor applied to the raw meter reading to get billed units. Miss it and everything is wrong.
Service periodThe from and to dates the bill covers. What you match to a tariff version.
Summary billMany accounts in one envelope. Audit each account separately.
Current chargesThis period’s charges only. The only figure an audit uses. Not the total due.

That is the course

You now have enough to open a bill you have never seen, find the tariff behind it, describe the customer, and say what to test. Go and do that on a real one. It will not feel finished until you have.