- Industry: Energy
- Number of terms: 18218
- Number of blossaries: 1
- Company Profile:
The American Gas Association represents local energy companies that deliver natural gas throughout the United States.
Any customer who is eligible but does not participate in a utility DSM program in a given year.
Industry:Energy
Special marketing programs that make gas available at more competitive prices, usually accomplished by reducing gas costs rather than redistributing fixed costs from one customer group to another.
Industry:Energy
The heavy square or hexagonal steel pipe which goes through the rotary table and turns the drill string (also called grief stem).
Industry:Energy
The sum of two or more demands which occur in the same demand interval.
Industry:Energy
A depreciation system effective in the year 1971, based on broad industry class of assets which can provide faster capital cost recovery through depreciation by using shorter useful lives, more advantageous first year convention and more flexibility for changing depreciation methods as well as administrative simplification.
Industry:Energy
A method for classifying fixed costs among demand and commodity charges in which all fixed costs except return on equity capital and related income tax items are classified to the demand charge. This method generally replaced other methods used by the Commission for classifying demand costs when first approved in the mid-1980s. The MFV method of cost classification usually is accompanied with a rate design methodology which employs a two-part (D-1 and D-2) demand and a commodity rate structure. See FIXED-VARIABLE METHOD, ATLANTIC-SEABOARD METHOD, CLASSIFICATION UNITED METHOD and VOLUMETRIC RATES.
Industry:Energy
A surface facility installed on a lease for the purpose of separating gases and/or water from liquid hydrocarbons.
Industry:Energy
Any deformation in a piece of plastic (or metal) which remains after the removal of the load which caused the deformation.
Industry:Energy
In accounting, the difference between gross salvage and cost of removal resulting from the removal, abandonment or other disposition of retired plant. Positive net salvage results when gross salvage value exceeds removal costs. Negative net salvage results when removal costs exceed gross salvage value. Positive net salvage decreases the cost to be recovered through depreciation expense and negative net salvage increases it.
Industry:Energy
