Energy Terms

 

Learn all the terms we use

P

Peak Day:

The 24-hour period of greatest total gas sendout. Compared to Design day.

Peaking Capacity:

Capacity of generating equipment normally reserved for operation during the hours of highest daily, weekly, or seasonal loads. Some generating equipment may be operated at certain times as peaking capacity and at other times to serve loads on an around-the-clock basis.

Price:

The amount of money or consideration-in-kind for which a service is bought, sold, or offered for sale.

Pricing Options:

Among the different competitive power suppliers there are several types of pricing options being offered. Some may charge the same price for every kilowatt-hour of electricity that you use; whereas others will charge different rates depending on the time of consumption or the amount consumed.