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Off-Peak Gas
Gas that is to be delivered and taken on demand when demand is not at its peak. 

 

Ohm
The unit of measurement of electrical resistance. The resistance of a circuit in which a potential difference of 1 volt produces a current of 1 ampere. 

 

Operable Nuclear Unit
A nuclear unit is :q.operable:eq. after it completes low-power testing and is granted authorization to operate at full power. This occurs when it receives its full power amendment to its operating license from the Nuclear Regulatory Commission. 

 

Peak Demand
The maximum load during a specified period of time. 

 

Peak Load Plant
A plant usually housing old, low-efficiency steam units; gas turbines; diesels; or pumped-storage hydroelectric equipment normally used during the peak-load periods. 

 

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. 

 

Percent Difference
The relative change in a quantity over a specified time period. It is calculated as follows: the current value has the previous value subtracted from it; this new number is divided by the absolute value of the previous value; then this new number is multiplied by 100. 

 

Petroleum
A mixture of hydrocarbons existing in the liquid state found in natural underground reservoirs, often associated with gas. Petroleum includes fuel oil No. 2, No. 4, No. 5, No. 6; topped crude; Kerosene; and jet fuel. 

 

Petroleum (Crude Oil)
A naturally occurring, oily, flammable liquid composed principally of hydrocarbons. Crude oil is occasionally found in springs or pools but usually is drilled from wells beneath the earth's surface. 

 

Planned Generator
A proposal by a company to install electric generating equipment at an existing or planned facility or site. The proposal is based on the owner having obtained (1) all environmental and regulatory approvals, (2) a signed contract for the electric energy, or (3) financial closure for the facility. 

 

Plant
A facility at which are located prime movers, electric generators, and auxiliary equipment for con verting mechanical, chemical, and/or nuclear energy into electric energy. A plant may contain more than one type of prime mover. Electric utility plants exclude facilities that satisfy the definition of a qualifying facility under the Public Utility Regulatory Policies Act of 1978. 

 

Plant Use
The electric energy used in the operation of a plant. Included in this definition is the energy required for pumping at pumped-storage plants. 

 

Plant-Use Electricity
The electric energy used in the operation of a plant. This energy total is subtracted from the gross energy production of the plant; for reporting purposes the plant energy production is then reported as a net figure. The energy required for pumping at pumped-storage plants is, by definition, subtracted, and the energy production for these plants is then reported as a net figure.

 

Power
The rate at which energy is transferred. Electrical energy is usually measured in watts. Also used for a measurement of capacity. 
Power Pool: An association of two or more interconnected electric systems having an agreement to coordinate operations and planning for improved reliability and efficiencies. 

 

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

 

Prime Mover
The engine, turbine, water wheel, or similar machine that drives an electric generator; or, for reporting purposes, a device that converts energy to electricity directly (e.g., photovoltaic solar and fuel cell(s)). 

 

Profit
The income remaining after all business expenses are paid. 
Public Street and Highway Lighting: Public street and highway lighting includes electricity supplied and services rendered for the purposes of lighting streets, highways, parks, and other public places; or for traffic or other signal system service, for municipalities, or other divisions or agencies of State or Federal governments. 

 

Pumped-Storage Hydroelectric Plant
A plant that usually generates electric energy during peak-load periods by using water previously pumped into an elevated storage reservoir during off-peak periods when excess generating capacity is available to do so. When additional generating capacity is needed, the water can be released from the reservoir through a conduit to turbine generators located in a power plant at a lower level. 

 

Purchased Power Adjustment
A clause in a rate schedule that provides for adjustments to the bill when energy from another electric system is acquired and it varies from a specified unit base amount. 

Pure Pumped-Storage Hydroelectric Plant
A plant that produces power only from water that has previously been pumped to an upper reservoir. 


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