| Term | Description |
|---|
| Off Peak | The period during a day, week, month or year when the load being delivered by a natural gas or electric system is not at or near the maximum volume delivered by that system for a similar period of time. (night vs. day). |
| Off-Peak Hours |
- In Alberta: HE01 through HE07 + HE24 (of the same day), Monday through Saturday + HE01 through HE24 Sundays (prevailing Mountian time)
- In Mid-C: HE24 (of the previous day) through HE07 (of the day in question), Monday through Saturday + HE01 through HE24 Sundays + holidays (prevailing Pacific time)
- In Minn Hub: HE24 (of the previous day) through HE07 (of the day in question), Monday through Sunday (prevailing Central time)
|
| Ohm | A unit of electrical resistance. A circuit resistance of one ohm will pass a current of one ampere with a potential difference of one. |
| On Peak | Electricity supplied during a period of high system demands as specified by the supplier. |
| On-Peak Hours |
- In Alberta: HE08 through HE23, Monday through Saturday (prevailing Mountain time)
- In Mid-C: HE07 through HE22, Monday through Saturday (prevailing Pacific time)
- In Minn Hub: HE08 through HE23, Monday through Sunday (prevailing Central time)
|
| Operating Reserves | The capability above system demand available to Alberta's Interconnected Electric System within 10 minutes following a supply contingency required to provide for system regulation and local area protection and to correct or stabilize the system in the event of contingencies, load forecasting errors and forced outages to Generating Units. |
| Other Charges | Other Charges includes late payment penalties, meter read fees, NSF charges, rental deposits, balance transfers, bad debt write offs, reconnection fees, yardlight rental fees, and refunds. The Other Charges' amount will not match the actual cost on the report as these are by billing month and have not been prorated to the production period. |
| Overall Cost | Overall cost is calculated from total charge for the month divided by consumption. This number represents the average price paid for delivered energy after netting out generation |
| Overload | The operation of electrical equipment above its normal full-load rating. |
Glossary