Energy Terms


Learn all the terms we use



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.


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.


The abbreviation for 1 billion cubic feet.


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.