| Term | Description |
|---|
| UCI | Update Customer Information. |
| UFE | Unaccounted for Energy (UFE) is a settlement amount allocated to sites and represents energy not accounted for by meters and losses. UFE is calculated hourly by the LSA for each Zone and the amount is distributed evenly to all sites for that hour (except for TA and direct connect sites)UFE for each hour is the difference between (a) the system total load for the hour and (b) the sum of the estimated hourly loads at the Customer meters, plus their allocated losses. All references to UFE in the SSC refers to UFE on electric distribution systems.. See Benchmark Reports for Zone UFE. |
| Unbundled | The separate pricing and provision of electricity service independent of equipment cost or charge. |
| Unbundled Bill | A bill which provides a breakdown of the various cost elements included in a customer invoice such as electric energy costs, transmission, distribution, retail charges and other service charges identified by the regulator. |
| Unbundling | Separating vertically integrated monopoly functions into their component parts for the purpose of separate service offerings. |
| Unit Energy Cost | The cost per megawatt of energy calculated by the Total Energy Charges divided by the Total Energy (MWh) consumed. |
| Unit of Measurement. (UOM) | - A – ampere
- A/m – amperes per meter
- GW – gigawatt
- GWh – gigawatt-hour
- h – hour
- hp – horsepower
- Hz – hertz
- kV – kilovolt
- kVA – kilovolt-ampere
- kVAr – kilovolt-ampere-reactive unit
- kVArh – kilo-VAr-hour
- kW – kilowatt
- kWh – kilowatt-hour
- kW-day – kilowatt-day
- kW-year – kilowatt-year
- kV/m – kilovolts per meter
- MW – megawatt
- MWh – megawatt-hour
- Ohm – ohms
- V – volt
- VA – volt-ampere
- VAr – volt-ampere-reactive unit
- VArh – volt-ampere-reactive hour
- V/m – volts per meter
- W – watt
- Wh – watt-hour
|
| Unit Price | Total revenue derived from the sale of product during the reference month divided by the total volume sold; also known as the weighted average price. Total revenue should exclude all taxes but include transportation costs that were paid as part of the purchase price. |
| Uplift | An hourly payment made to importers when their energy is dispatched to meet system demand and sold into the pool at a price higher than the hourly pool price. An uplift hour cannot be confirmed until after the hour when the hourly pool price is determined. Once the pool price is posted, an importer can determine if the offer price of their dispatched block was greater than the pool price, in which case, uplift would be paid. |
| Usage | Usage is a load settlement term for the amount of energy consumed. Usage amounts are determined from meters or from connected load for non-metered sites. Amount of energy consumed on site is reported in mWh. Source of data is accumulative meters, interval meters and, in the absence of meter data, estimates. |
| Usage Cost ($) | Usage Cost is the cost of energy consumed at the hourly Power Pool price. |
| Usage Delivery Cost | This number is derived from all wires invoices for the month divided by Usage MWh. This number represents the average cost to deliver energy to your sites. |
| Usage Pool Charge | Cost of consumed energy at the pool price. |
| Utility | The name of the LSA. |
Glossary