Electric and Gas Glossary of Terms and Acronyms Last Revised: 11/21/05 Acronym AET Definition/Description Annual Electric True-up – a late in the year regulatory process where PG&E will true-up the balances in many different balancing accounts Advanced Metering Infrastructure – PG&E’s system for reading electric and gas meters daily or more often, and electronically communicating reads automatically to the utility. Abnormal Peak Day -- an extremely cold day with about 1 in 90 year probability, used for planning core gas reliability (or Alternative Proposed Decision at the CPUC) Balanced Payment Plan: System of establishing (and regularly adjusting) a “levelized” monthly payment amount for residential and some commercial customers Account established to track the costs and revenues associated with a specific category Biennial Cost Allocation Proceeding – the proceeding in which PG&E’s gas distribution costs (generally approved in a GRC) are allocated among customers. British Thermal Unit (100,000 BTUs equals one therm) California Alternate Rates for Energy – bill discounts for qualified low-income customers 100 cubic feet of natural gas, approximately equal to one therm. California Energy Commission. Funding for the CEC derived AMI APD BPP Balancing Account BCAP BTU CARE Ccf CEC 1 Electric and Gas Glossary of Terms and Acronyms Acronym Definition/Description through and billed as the Energy Commission Tax (ECT) Cogeneration Gas Allowance (the volume of gas allowed for cogeneration per kilowatt-hour of net electricity generation) Cost of Capital CGA COC CPP CPUC Critical Peak Pricing California Public Utilities Commission Competition Transition Charge (also known as Ongoing CTC). The cost of over-market purchased power agreements signed prior to 12/20/95 and a portion of electric industry restructuring implementation costs CTC Direct Access – can refer to both gas and electric commodity procurement directly by a customer, through an ESP Direct Access Cost Responsibility Surcharge. Generation or generationrelated costs the CPUC has determined (most) DA customers remain responsible for even though they procure their generation (commodity) from a third party DA DACRS Dth DWR Decatherm (10 therms) California Department of Water Resources Energy Cost Recovery Amount. Revenues that pay the principal, interest and other costs of the Energy Recovery Bonds (ERBs). The ERBs refinanced the previous “Regulatory Asset” Energy Service Provider – third ECRA ESP 2 Electric and Gas Glossary of Terms and Acronyms Acronym Definition/Description party energy supplier for DA customers – gas or electric Federal Energy Regulatory Commission Franchise Fee Surcharge: surcharge that PG&E is required to collect from electric DA customers to recover franchise fees that would otherwise be lost to cities and counties from PG&E’s reduction in revenues resulting from direct access. The gas equivalent is G-SUR Generation-related costs of the electric commodity incurred by PG&E or DWR General Rate Case: major regulatory proceeding for California utilities occurring every three years. In Phase 1, the CPUC examines in depth the utility’s costs and operations as part of an overall process to establish the Company’s total revenue requirement to be collected in rates. Phase 2 determines the allocation of costs among customer groups as well as various rate design matters FERC FFS Gen GRC kW kilowatt; measure of electrical power (billed as “demand”) kilowatt-hour; measure of electrical energy (billed as “usage”) Percentage expression of actual use divided by maximum potential use over time for a facility or piece of equipment kWh Load factor Mcf 1,000 cubic feet– for natural gas, very roughly, one decatherm. 1,000 decatherms (10,000 MDth 3 Electric and Gas Glossary of Terms and Acronyms Acronym Definition/Description therms) 1,000,000 cubic feet 1,000,000 BTUs – 1 Dth Nuclear Decommissioning: rates required to fund site restoration when PG&E’s nuclear plants (Diablo Canyon and Humboldt Bay) are removed from service The components of rates or customer bills unrelated to producing, and buying power or acting as DWR’s agent Order Instituting Rulemaking – CPUC proceeding which usually results in changes in CPUC policy Purchased Gas Account (gas commodity balancing account) MMcf Mmbtu ND Non-Gen OIR PGA Power Purchase Agreements – wholesale energy purchasing agreements Public Purpose Programs: rates which fund state-mandated assistance programs for low income customers and for PG&E’s energy efficiency programs. For gas, now separately stated as Public Purpose Program Surcharge. PPA PPP QF Qualifying Facility: A power producer or cogenerator that meets certain guidelines and thereby qualifies to supply generation capacity and energy to electric utilities, which must purchase this power at prices approved by regulators Research Development and Demonstration – process of bringing new and emerging technology to the point of application Rate Reduction Bond: RD&D RRB 4 Electric and Gas Glossary of Terms and Acronyms Acronym Definition/Description Bonds issued in 1997 to refinance a portion of residential CTCs equal to the forecasted 10% rate reduction Rate Reduction Bond Memorandum Account: a memorandum account which keeps track of certain benefits associated with the RRBs which will ultimately go to reduce residential/small commercial rates RRBMA RRQ Revenue requirement: The amount of money a utility must collect from customers to pay operating and capital expenses, including a return on investment SCE Southern California Edison Company Holding company that owns SoCal Gas and SDG&E Southern California Gas Company San Diego Gas and Electric Company Therm: The metered unit of natural gas energy. 1Th equals 100,000 BTUs Time-of-use: usually a rate schedule with prices which vary by time of day to correspond to utility costs to procure/produce power Transition Revenue Account Trust Transfer Amount (Fixed Transition Asset): charge assessed residential and small commercial customers to repay the RRBs Utility-retained generation – costs associated with PG&E’s remaining power plants Sempra SoCal Gas SDG&E Th TOU TRA TTA or (FTA) URG 5