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Glossary of Terms

Not familiar with a term?  We've got you covered!

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

J

J&R

Just and Reasonable as in J&R rates. This is a subjective term in ratemaking. 

Jetting

The process of burying offshore or river crossing pipelines by hydraulically blowing sand or dirt from beneath the pipelines.

Joint Use (or Common Use) Facility

A facility jointly used by two or more power generating units. 

Jurisdiction

Portion of the company’s activities that are subject to the rules and regulations of the particular government entity which regulates it. 

Jurisdictional

That part of a natural gas company’s business which is subject to the rules and regulations of the Commission. Generally, the Commission has (1) rate jurisdiction over transportation and sales of gas for resale in interstate commerce and (2) certificate jurisdiction over those facilities (except purely gathering) used to transport gas across state lines in interstate commerce. 

Just and Reasonable

Section 4(a) of the NGA of 1938 specifies that all rates and charges made, demanded, or received by any natural gas company for or in connection with the transportation or sale of natural gas ... shall be “just and reasonable.” The term “just and reasonable” has been interpreted to apply to rates which are assessed without undue bias or discrimination that allow the natural gas companies to recover all prudently incurred costs applicable to rate payers, including a return on capital (i.e., the cost of capital) sufficient to maintain and support its credit and enable it to raise the money necessary for the proper discharge of its public duties. 

Did You Know?

Heating and cooling your home uses more energy and drains more energy dollars than any other system in your home. Typically, 44 percent of your energy bill goes for heating and cooling. Reducing use here saves you money on your utility bill.

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Rapid City Corporate Headquarters Black Hills Corporation

7001 Mount Rushmore Road Rapid City, SD 57702

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We're Improving Life with Energy by strengthening our communities through growth and development opportunities. That’s why we have a planning team focused on building strong partnerships with diverse businesses. Read more about economic development and our supplier diversity program network.

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Every day, we want to be “improving life with energy.” We produce, market and deliver the vital electricity, coal, oil and natural gas that our customers need. Through our efforts, products and services, we also share our personal energy to strengthen our communities and support growth and development.

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