Power of Texas Glossary

September 17, 2018 Jamie Swartz

Advanced Metering Charge: A charge assessed to recover a TDU’s charges for Advanced Metering Systems, to the extent that they are not recovered in a TDU’s standard metering charge.

Base Charge:  A $4.95 flat fee that’s assessed monthly regardless of plan type, contract term length or amount of kilowatt-hour usage.

Due Date: The date the payment must be received and posted by Power of Texas to avoid a 5% late payment charge.

Energy Charge: A charge based on the electric energy (kWh) consumed.

Energy Efficiency Cost Recovery Factor: A charge assessed to recover a TDU’s costs for energy efficiency programs, to the extent that the TDU charge is a separate charge exclusively for that purpose that is approved by the Public Utility Commission.

Estimated Reading: During any month when the TDU fails to provide an actual meter reading on a timely basis, Power of Texas will issue a bill based on the customer’s estimated usage and inform the customer of the reason for the issuance of the estimated bill.

kW – Kilowatt: The standard unit for measuring electricity demand, equal to 1000 watts. kWh – Kilowatt-hour: The standard unit for measuring electricity energy consumption, equal to 1000 watt-hours. Late Payment Penalty: A charge assessed for late payment in accordance with the Public Utility Commission rules.

kWh – Kilowatt-hour: The standard unit for measuring electricity energy consumption, equal to 1000 watt-hours.

Late Payment Penalty: A charge assessed for late payment in accordance with the Public Utility Commission rules.

Miscellaneous Gross Receipts Tax Reimbursement: A fee assessed to recover the miscellaneous gross receipts tax imposed on retail electric providers operating in an incorporated city or town having a population of more than 1000.

Monthly Customer Fee: A charge assessed during each billing cycle without regard to the customer’s demand or energy consumption.

PUC Assessment: A fee assessed to recover the statutory fee for administering the Public Utility Regulatory Act.

Sales Tax: Sales tax collected by authorized taxing authorities, such as the state, cities and special purpose districts. Service Period: Indicates the period of time for which you are being billed for your electricity service.

Service Period: Indicates the period of time for which you are being billed for your electricity service.

System Benefit Fund: A non-bypassable charge approved by the Public Utility Commission, not to exceed 65 cents per megawatt-hour, that funds the low-income discount, one-time bill payment assistance, customer education, commission administrative expenses, and low-income energy efficiency programs.

TDU Delivery Charges: The total amounts assessed by a TDU for the delivery of electricity to a customer over poles and wires and other TDU facilities not including discretionary charges.

 

 

 

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