Glossary of Terms
Not familiar with a term? We've got you covered!
- Ultimate Customer
The customer who purchases gas for consumption and not for resale purposes. See CONSUMER, GAS.
- Unaccounted for Gas
The difference between the total gas available from all sources, and the total gas accounted for as sales, net interchange, and company use. This difference includes leakage or other actual losses, discrepancies due to meter inaccuracies, variations of temperature and/or pressure, and other variants, particularly due to measurements being made at different times. In cycle billings, an amount of gas supply used but not billed as of the end of a period. See UNBILLED REVENUES. Compare SENDOUT, GAS.
- Unbilled Revenues
Revenues applicable to gas or electricity consumed but not yet billed to the customer because of bimonthly or cycle billing or for other reasons.
- Unbundled Services
Energy services that are sold and priced separately, such as generation, transmission and distribution.
The separation of the various components of gas sales, storage, transmission, delivery and etc. into an ala carte menu of services from which a customer may choose only those desired.
- Unconventional Gas
Natural gas that cannot be economically produced using current technology.
- Underground Franchise Free
Effective Oct. 1, 2010 Pueblo, CO will began collecting a ½ percent Undergrounding fee as part of an approved franchise agreement. The “Underground Fee” will be charged to place overhead electric distribution lines underground and will include undergrounding existing overhead distribution facilities in streets and other public places within the City and the associated service lines, as requested by the City. With the new franchise agreement, BHE will operate and maintain electrical infrastructure facilities in City Streets.
- Uniform System of Accounts
A list of a company’s account numbers and corresponding account titles, together with specific instructions for the use of individual accounts and general instructions as to the basis of accounting. For utilities, Uniform Systems of Accounts have been issued by both the National Association of Regulatory Utility Commissioners (NARUC) and the Federal Energy Regulatory Commission (FERC). These accounts differ between various utilities, i.e., gas versus electric.
- Unit of Purchase Methodology
For purposes of the CURRENT ADJUSTMENT, a method for computing a pipeline’s average projected purchased gas costs derived by dividing the pipeline’s total projected purchased gas costs the pipeline anticipates purchasing during the PGA effective period by the quantities of gas used to compute its total projected purchased gas costs, as detailed in Section 154.305 of the Regulations.
- United Method
A classification method that allocates 25% of fixed costs to the demand component and 75% to the commodity component of the rate.
From a reference point, any point located nearer the origin of flow, that is, before the reference point is reached.
- Upstream Cost
The fixed pipeline charges or costs associated with reserving space in pipelines to move natural gas from the point of purchase to the city gate.
- Upstream Pipeline
The first pipeline to transport natural gas en route to an inter-connect point for delivery to another pipeline. See DOWNSTREAM PIPELINE.
- Use or Lose
A provision which decreases a shipper’s right to capacity if the shipper does not use it at a certain level. The purpose of such a provision is to encourage accurate capacity nominations and full pipeline utilization. Because firm shippers pay a reservation charge for capacity, whether or not they fully utilize that capacity, the Commission has found that no use-or-lose provision may apply to firm transportation.
- Used and Useful
Rate making principle regarding the timing and inclusion of plant in the rate base.
- Utility Gases
Natural gas, manufactured gas, synthetic gas, liquefied petroleum gas-air mixture, or mixtures of any of these gases.
- Utility Plant
Includes Plant: In service, Purchased or Sold, In Process of Reclassification, Leased to Others, Held for Future Use, Completed Construction Not Classified, Construction Work in Progress, Plant Acquisition Adjustments and Other Utility Plant. The Uniform System of Accounts prescribes for the deduction of Accumulated Provision for Depreciation and Amortization.
- Utility Plant in Service
That portion of a utility’s plant which is devoted to the operations of the company. Excludes plant: purchased or sold, in process of reclassification, leased to others, held for future use, under construction, and acquisition adjustments and adjustment accounts, and without deduction of Accumulated Provision for Depreciation and Amortization.
- Utility, Gas
A company that is primarily a distributor of natural gas to ultimate customers in a given geographic area.