B
Balancing:
Making deliveries of gas into or withdrawals from a pipeline equal to the contracted amount or space. Balancing may be accomplished daily, monthly, or seasonally with penalties generally assessed for excessive imbalance.
Baseload:
The minimum amount of electric power delivered or required over a given period of time at a steady rate.
Baseload Capacity:
The generating equipment normally operated to serve loads on an around-the-clock basis.
Bcf:
The abbreviation for 1 billion cubic feet.
Broker:
An entity that arranges the sale and purchase of electric energy, transmission, and other services between buyers and sellers, but does not take title to any of the power sold.
Btu: (British Thermal Unit)
A standard unit for measuring the quantity of heat energy equal to the quantity of heat required to raise the temperature of 1 pound of water by 1 degree Fahrenheit.
Bundled Rate:
A single charge that covers a number of services provided by the distributor. Examples of such services are storage and transportation.
