Glossary of Electricity Terms

Glossary of Electricity Terms

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There are currently 2 terms in this directory beginning with the letter P.
Pay On Time Discount
Most plans that offer a discount require you to pay your bill by the due date or you will not receive the discount. These discounts are called Pay On Time discounts.
Peak Usage
Refers to the electricity consumed during the peak time period of time of use (TOU) or flexible tariff plans.