- Industria: 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.
(Definition taken from the FERC Uniform System of Accounts, effective April 1, 1986). "Minor Items of Property" means the associated parts or items of which retirement units are composed ("Definitions" Item 18).
Industry:Energy
The component in the BASE TARIFF RATE which represents the average cost of purchased gas.
Industry:Energy
Total volume of gas within a reservoir which exerts a pressure from 0 pounds per square inch gauge pressure to the maximum or ultimate reservoir gauge pressure.
Industry:Energy
An accounting method under which decreases or increases in state or federal income taxes resulting from the use of liberalized depreciation and the Investment Tax Credit for income tax purposes are carried down to net income in the year in which they are realized. For rate-making purposes, the flow-through method passes on savings from liberalized depreciation and investment credit to the benefit of rate payers through lower rates.
Industry:Energy
Equity refers to the considerations of fairness or justice in the setting of rates - fairness between investors and consumers when the general level of rates is at issue, and the fairness among different classes of consumers when the rate relationships are under inquiry. Fair treatment in the setting of rates does not necessarily mean equal rates since, for example, the unit costs of serving different customer classes may be different. Also, that part of a business enterprise owned by the stockholders. Usually represented in the financial
Industry:Energy
An accounting procedure under which current Net Income reflects decreases or increases in current taxes on income, arising from the use of liberalized depreciation or accelerated amortization for tax purposes instead of the straightline method. See DEPRECIATION, NORMALIZED.
Industry:Energy
The conversion factor for transforming heat units into mechanical units of work. One Btu equals 778 foot-pounds.
Industry:Energy
The process of supplying or removing air by natural or mechanical means to or from any space. Such air may or may not have been conditioned.
Industry:Energy
