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Billing Terms

Following are two lists of billing-related terms to help you better understand the language used on your bill.

Residential

  • Advanced Metering Charge 
    A charge assessed to recover a TDU's charges for Advanced Metering Systems.
  • Assessments 
    Includes Gross Receipts Reimb. and PUC Assessment Reimb.
  • Avg. Price 
    Average price you paid for electric service this month (in cents per Kilowatt hour including all fixed and variable recurring charges)
  • Base Charge 
    A charge assessed during each billing cycle without regard to the customer's demand or energy consumption.
  • Contract documents 
    The Terms of Service document (TOS), the Electricity Facts Label (EFL), and Your Rights as a Customer document (YRAC).
  • Contract expiration date 
    The time when the initial term contract is completed.
  • Contract term 
    The time period the contract is in effect.
  • Current Meter Read 
    The numeric counter displayed on your meter used to calculate monthly usage up to your current meter read date.
  • Current Meter Read Date 
    The most current date your meter was read according to your scheduled meter read cycle (as defined by your TDU).
  • 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.
  • Fixed rate product 
    A retail electric product with a term of at least three months for which the price (including recurring charges) for each billing period of the contract term is the same throughout the contract term. Note that the price may vary from the disclosed amount to reflect actual changes in the Transmission and Distribution Utility (TDU) charges, changes to the Electric Reliability Council of Texas (ERCOT) or Texas Regional Entity administrative fees charged to loads or changes resulting from federal, state or local laws that impose new or modified fees or costs on a REP that are beyond the REP's control.
  • Gross Receipts Reimb. 
    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 1,000.
  • kW 
    Kilowatt, the standard unit for measuring electricity demand, equal to 1,000 watts
  • kWh 
    Kilowatt-hour, the standard unit for measuring electricity energy consumption, equal to 1,000 watt-hours
  • Late Payment Penalty 
    A charge assessed for late payment in accordance with Public Utility Commission rules.
  • Minimum Usage Fee 
    A per ESI-ID fee assessed when the energy consumption value is less than or equal to the specified amount per billing period.
  • Month-to-month contract 
    A contract with a term of 31 days or less. A month-to-month contract may not contain a termination fee or penalty.
  • Non-Tiered Rate 
    Rate is not based on usage amount.
  • Previous Meter Read 
    The numeric counter displayed on your meter used to calculate monthly usage as of your previous meter read date.
  • Previous Meter Read Date 
    The previous date in which your meter was read according to your scheduled meter read cycle (as defined by your TDU).
  • Price 
    The cost for a retail electric product that includes all recurring charges excluding state and local sales taxes, and reimbursement for the state miscellaneous gross receipts tax.
  • PUC Assessment Reimb 
    A fee assessed to recover the statutory fee for administering the Public Utility Regulatory Act.
  • Recurring charge 
    A charge for a retail electric product that is expected to appear on a customer's bill in every billing period or appear in three or more billing periods in a twelve month period.
  • Taxes 
    Sales tax collected by authorized taxing authorities, such as the state, cities and special purpose districts.
  • TDU 
    Transmission and Distribution Utility. Facility that transmits and/or distributes electricity, and whose rates for Transmission Service, distribution service, or both is set by a Governmental Authority. Previously referred to as TDSP - Transmission and Distribution Service Provider.
  • TDU Surcharges 
    One or more TDU surcharge(s) on a customer's bill in any combination.
  • Term contract 
    A contract with a term in excess of 31 days.
  • Variable price product 
    A retail product for which price may vary according to a method determined by the REP, including a product for which the price, can increase no more than a defined percentage as indexed' to the customer's previous billing month's price. For residential customers, a variable price product can be only a month-to-month contract.

Commercial

  • Assessments 
    Includes Gross Receipts Reimb. and PUC Assessments
  • Avg. Rate 
    Average price you paid for electric service this month (in cents per Kilowatt hour including other reoccurring charges)
  • Base Charge 
    A charge assessed during each billing cycle without regard to the customer's demand or energy consumption.
  • Contract documents 
    The Terms of Service document (TOS), including the Electricity Facts Label (EFL) and Your Rights as a Customer document (YRAC) for Small Commercial.
  • Contract expiration date 
    The time when the initial term contract is completed.
  • Contract term 
    The time period the contract is in effect.
  • Current Meter Read 
    The numeric counter displayed on your meter used to calculate monthly usage up to your current meter read date.
  • Current Meter Read Date 
    The most current date your meter was read according to your scheduled meter read cycle (as defined by your TDU).
  • Energy Charge 
    A charge based on the electric energy (kWh) consumed.
  • Fixed rate product 
    A retail electric product with a term of at least three months for which the price (including recurring charges) for each billing period of the contract term is the same throughout the contract term. Note that the price may vary from the disclosed amount to reflect actual changes in the Transmission and Distribution Utility (TDU) charges, changes to the Electric Reliability Council of Texas (ERCOT) or Texas Regional Entity administrative fees charged to loads or changes resulting from federal, state or local laws that impose new or modified fees or costs on a REP that are beyond the REP's control.
  • Gross Receipts Reimb. 
    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 1,000.
  • Indexed product 
    A retail electric product for which the price, including recurring charges, can vary according to a pre-defined pricing formula that is based on publicly available indices or information and is disclosed to the customer, and to reflect actual changes in TDU charges, changes to the ERCOT or Texas Regional Entity administrative fees charged to
  • kW 
    Kilowatt, the standard unit for measuring electricity demand, equal to 1,000 watts
  • kWh 
    Kilowatt-hour, the standard unit for measuring electricity energy consumption, equal to 1,000 watt-hours
  • Late Payment Penalty 
    A charge assessed for late payment in accordance with Public Utility Commission rules.
  • Month-to-month contract 
    A contract with a term of 31 days or less. A month-to-month contract may not contain a termination fee or penalty.
  • Previous Meter Read 
    The numeric counter displayed on your meter used to calculate monthly usage as of your previous meter read date.
  • Previous Meter Read Date 
    The previous date in which your meter was read according to your scheduled meter read cycle (as defined by your TDU).
  • Price 
    The cost for a retail electric product that includes all recurring charges excluding state and local sales taxes, and reimbursement for the state miscellaneous gross receipts tax.
  • PUC Assessment 
    A fee assessed to recover the statutory fee for administering the Public Utility Regulatory Act.
  • Recurring charge 
    A charge for a retail electric product that is expected to appear on a customer's bill in every billing period or appear in three or more billing periods in a twelve month period.
  • Sales Tax 
    Sales tax collected by authorized taxing authorities, such as the state, cities and special purpose districts.
  • TDU 
    Transmission and Distribution Utility. Facility that transmits and/or distributes electricity, and whose rates for Transmission Service, distribution service, or both is set by a Governmental Authority. Previously referred to as TDSP - Transmission and Distribution Service Provider.
  • 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.
  • Term contract 
    A contract with a term in excess of 31 days.
  • Variable price product 
    A retail product for which price may vary according to a method determined by the REP, including a product for which the price, can increase no more than a defined percentage as indexed' to the customer's previous billing month's price. For residential customers, a variable price product can be only a month-to-month contract.