Kilovolt (kv) – 1,000 volts. The amount of electric force carried through a high voltage transmission is measured in kilovolts.
Kilowatt (kW) – 1kW is equivalent to 1,000 watts. 10 – 20 kWs is the range of demand for an average household
Kilowatt hour (kWh) – Unit of measurement associated with electrical energy generated for use. 1kW unit of energy of work equal to 1,000 Whs (Watthours).
Example: A 50-watt light bulb burning for 20 hours demands 1 kWh of electricity.
Megawatt (MW) – A unit of energy equal to 1,000 kilowatts or 1 million watts.
Megawatthour (MWH) – A unit of energy of work equal to 1,000 kilowatt hours or 1 million watthours.
Voltage – Expression of electromotive force or potential difference that pushes electricity along a wire.
Watt – Base unit of electric power. The rate of energy transfer equivalent to 1 ampere flowing under a pressure of 1 volt at unity power factor.
Wattage – An amount of power electric power.
Apples to Apples Charts – An official chart offered by The Public Utilities Commission of Ohio (PUCO) that aids consumers in comparing electric and natural gas offers. PUCO’s chart is the only comparison chart in which suppliers are required to update with their latest pricing and offers in the state.
Budget Billing – An optional program put forth by Ohio’s energy distributors that helps even out the cost of electric and gas used during peak usage periods. Budget Billing is not currently available for Quake Energy’s electric customers.
Customer Charge – The portion of your energy bill that goes towards the cost of necessary equipment and maintenance.
Distribution Service Charge – A charge that reflects the cost of associated with the movement and delivery of electricity to your business.
Fixed Delivery Charge – A monthly charge to recover a fraction of the continued fixed costs associating with providing service to a consumer’s service address. See Customer Charge.
Fixed Price – A fixed, all-in price per kWh that remains the same for at least three billing cycles or the length of the contract, whichever is longer.
Generation Charge –The cost associated with producing electricity. When purchasing electric power from a supplier, your generation charge will be defined in the contract between you and your supplier.
Generation Service Charge – The charge you pay to cover the costs associated with producing the electricity.
Introductory Price – For new customers, an all-inclusive per kWh price that will remain the same for a limited period of time between one and three billing cycles followed by a different fixed or variable per kWh price that will be in effect for the remaining billing cycles of the contract term, consistent with terms and conditions in the supplier’s ‘disclosure statement.’
Monthly Fee – A fixed monthly fee that a supplier may include in the terms and conditions of their contract that is in addition to a rate based on usage.
Off-peak – A period of low system demand on the electric power system.
Price to Compare – The price for an electric supplier to beat in order for you to save money. It will be shown on residential customer’s electric Utility bill. You can use this amount to compare with prices offered by suppliers.
Transmission Charge – The charge for moving electric power from a generation plant to your local electric Utility.
Transmission Service Charge – The charge incurred from the electric Utility to transport high voltage electric power from a generation facility to a distribution facility.
Variable Price – A changing, all-in per kWh price. Changes in the price occur at the rate and frequency defined in your supplier’s terms and conditions.
Bulk power – Vast, large quantities of electric current transmitted through high voltage lines of an electric power system. This electric power could travel hundreds of miles away from the origin.
Capacity – A generation facility’s electric production capabilities. Capacity is measured in megawatts (MW) or kilowatts (kW).
Competitive Retail Electric Service (CRES) Provider – A PUCO certified participant in the Energy Choice Program that offers competitive rates for supplying electric power to residential and commercial consumers.
Customer Choice – The option for an energy consumer to pick a supplier for their electric power or natural gas.
Demand – The total draw of electricity, at any given time, from an electric power system that is generally expressed in MW or kW.
Deregulation – Policy enacted in Ohio designed to lower consumer prices by increasing competition. In short, Ohio electric power suppliers now compete for your business, and they do this through various pricing and incentive plans.
Distribution system – The infrastructure of poles, wires and transformers that move and deliver electric power to consumers.
Distribution – The delivery of electrical power to consumers over a distribution system. Distribution is a process that is regulated by PUCO.
Electric Distribution Utility (EDU) – A for-profit electric Utility that owns, operates and maintains a distribution system for the supply of electric power to consumers.
Generation – The origin of the electric power, produced at a power plant of some type.
Grid – The linking of multiple distribution systems that provides electric power to a large area.
Market Price – The price of electric power or natural gas in a certain market.
Meter – An instrument for measuring and recording the electric power that has passed through it. The Utility uses your meter to determine how much electricity you used. Remember to keep the area around your gas meter clear so that the Utility can read the meter each month.
Municipal Electric Utility (Muni) – A local, government owned, operated and regulated Utility.
Peak load – A measurement of total power draw at the time in which demand is the highest. Expressed in kilowatts or megawatts.
Retail Choice – See Customer Choice
Standard Service Offer: The default rate option that a consumer will pay if they do not participate in the Energy Choice Program.
Supplier – A company that buys electric power on the wholesale market and delivers the electric power to a local Utility. The Utility then distributes the electric power to its customers. Quake Energy is an electric power supplier that buys electric power and delivers it to First Energy (Illuminating Company, Ohio Edison, Toledo Edison) customers. These Utilities then distribute the electric power to their customers’ homes and businesses.