Electricity
What is Liquefied Natural Gas?
Natural Gas cooled to 259 F forms a liquid at atmospheric pressure. As natural gas liquefies, the volume is reduced 600 times, making both storage and long distance transportation economically feasible.
What is the Allowance for Funds Used During Construction?
The capitalization period for AFUDC shall begin when two conditions are present: 1) capital expenditures for the project have been incurred and 2) activities that are necessary to get the construction project ready for its intended use are in progress.
What is Contributions in aid of construction?
Capital additions such as mains, pumps, etc. contributed to water utility by a real estate developer. The water utility is not allowed to earn a return on such contributions.
What is Advanced Metering System?
An enhancement to the electric grid that allows residential customers to use more technologically advanced electric meters that will provide greater detail and increased control over their electric usage. The system also creates new efficiencies and capabilities for transmission and distribution utilities, such as remote meter-reading, improved storm response.
What British Thermal Unit?
Basic measurement of energy. One Btu is required to increase the temperature of one pound of water one degree Fahrenheit.
Tax Cuts & Job Act
Signed into law December 20, 2017 to go into effect January 1, 2018.
Corporate Tax Rate reduced from 35% to 21%.
Distribution System Investment Charge
Outside of a general rate proceeding, for non-revenue producting investment to replace aging infrastructure.
What is Reliability-Must Run Status ?
When determining whether a power plant should be retired, a reliability council (such as ERCOT) may designate it as RMR, meaning the power plant must remain operational to ensure the grid operates reliably.
What is excess flow valve?
Excess flow valves are spring loaded check valves. The valve seat is held open by a spring. When the flow of the fluid exceeds a certain preset limt the valve seat closes and shuts off flow.
Certified Public Accountant
Hands up if you are a CPA.
Total Organic Carbon
The total amount of carbon bound in a water sample.
What is Main Steam Isolation Valve?
A major safety control valve designed to close quickly and prevent the flow or leakage of steam from the reactor in an accident.
What is Maximum Allowable Operating Pressure?
Maximum allowable operating pressure refers to the wall strength of a pressurized cylinder such as a pipeline or storage tank and how much pressure the walls may safely hold in normal operation.
What is Accounting Standards Update?
Effective July 1, 2009, changes to the source of authoritative US GAAP, the FASB Accounting Standards Codifications (FASB Codifications) are communicated through an Accounting Standards Update (Update). Updates will be published for all authoritative US GASSP promulgated by the FASB, regardless of the form in which such guidance may have been issued prior to release of the FASB Codifications (e.g. FASB Statements, EITF Abstracts, FASB Staff Positions, etc.) Updates also will be issued for amendments to the SEC content in the FASB Codification as well as for editorial changes. Although ASUs will update the FASB Codification, the FASB does not consider Updates as authoritative in their own right.
Purchased Water Adjustment Clause
The Purchased Water Adjustment Clause application offers a utility the ability to file for a water rate adjustment based on a rate increase from its wholesaler supplier.
What is City Electric Vehicle?
Vehicle has 50-75 mile range and are smaller versions of battery EVs intended for around town use.
What is Midcontinent Independent System Operator and Pennsylvania, Jersey, Maryland Power Pool?
Regional Transmission Organizations (RTO)
Independent System Operator (ISO)
Others:
CASIO
ERCOT
What is Maximum allowable operating pressure?
The maximum pressure at which a gas system may be operated in accordance with the rules and regulations of the State's gas safety code.
Nick disapproved of this acronym ...
What did someone suggest for Summary of Tentative Decisions?
Ground Water Under the Direct Influence (of Surface Water)
Well water is groundwater under the direct influence of surface water (SW) if the liquid is being drawn from an unconfined aquifer, is part of an enhanced recharge/infiltration project, water levels in SW increase downward flow when the well is pumped, or chemical water quality parameters are more like those of nearby SW than they are like the groundwater.