COLUMBUS, OHIO (May 19, 2016) – The Public Utilities Commission of Ohio (PUCO) wants to help Ohio consumers better understand common terms that appear on utility bills.
Here are definitions to common terms you may see on your electric and natural gas utility bills:
Apples to Apples charts – The PUCO’s electric and natural gas offer comparison charts, the only comparisons in the state for which suppliers are required to provide accurate and up-to-date information about their latest offers.
Distribution charge – The charge you pay for the cost of moving and delivering electricity or natural gas to your home or business.
Gas cost recovery (GCR) – A way for some natural gas utilities to recover dollar-for-dollar costs incurred from the purchase and delivery of natural gas to their end use customers.
Generation charge – The charge for producing electricity. If you purchase electricity from a supplier, your generation charge will depend on the contract between you and your supplier.
Hundred/thousand cubic feet (Ccf/Mcf) – One hundred/thousand cubic feet. The units used to measure natural gas usage on utility bills
Kilowatt hour (Kwh) – A unit of energy of work equal to 1,000 watt hours. For example, a 100-watt light bulb burning for 10 hours uses one kilowatt hour of energy. The unit used to measure electricity usage on electric bills
Price-to-compare – The price an electric supplier must beat in order for you to save money. It is shown on a residential customer’s electric utility bill. You can use this amount to compare with prices offered by suppliers.
Standard choice offer – Natural gas service procured by the local distribution utility. The rate changes monthly based on the New York Mercantile Exchange month end settlement price and yearly retail auctions.
Standard service offer – The electric generation service a customer will receive from their local electric utility if they do not choose an electric supplier.
Transmission charge – Charge for transporting electricity from the generation plant to the local electric utility.
The PUCO also requires utilities to define certain terms for consumers on the back of utility bills.
For more utility-related terms and definitions and links to sample utility bills, visit www.PUCO.ohio.gov. Consumers can also call the PUCO’s Call Center at (800) 686-7826 for questions and concerns about your utilities.
The Public Utilities Commission of Ohio (PUCO) is the sole agency charged with regulating public utility service. The role of the PUCO is to assure all residential, business and industrial consumers have access to adequate, safe and reliable utility services at fair prices while facilitating an environment that provides competitive choices. Consumers with utility-related questions or concerns can call the PUCO Call Center at (800) 686-PUCO (7826) and speak with a representative.
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