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Glossary of TrueCost Terms
Understanding the language of electric plans

Many of the terms found on Electricity Facts Labels and in Terms of Service documents are in a language all their own. This list of terms, some of which are adapted from definitions provided by the Public Utility of Commission of Texas, can help you better understand industry terms as you shop for electric plans.
Advanced Metering Charge (AMS)

Average Payment Plan/Average Billing

Base Charge

Bill Payment Assistance Program

Competitive Retailer

Contract End Date

Customer Charge

Early Termination Fee

Electric Company

Electric Reliability Council of Texas (ERCOT)

Electric Service Identifier (ESID)

Electricity Facts Label (EFL)

Energy Charge

Energy Efficiency Cost Recovery Factor

Fixed-Rate Plan

Generation

Green Energy

Green Premium

Indexed Products

Insufficient Funds Fee

Kilowatt (kW)

Kilowatt-Hour (kWh)

Late Payment Penalty

Local Wires Company

Minimum Usage Charge

Miscellaneous Gross Receipts Tax (MGRT)

Pass-Through Charges

Prepaid Electric Service

Provider of Last Resort (POLR)

Public Utility Commission Gross Receipts Assessment (PUCA)

Public Utility Commission of Texas (PUC or PUCT)

Renewable Energy

Retail Electric Provider (REP)

Smart Meters

TDU/TDSP Delivery Charges

TDU/TDSP Discretionary Charges

Terms of Service Agreement (TOS or TOSA)

Transmission and Distribution Surcharges

Transmission and Distribution Utility (TDU)

Usage

Variable Rate Product

Your Rights As a Customer Disclosure (YRAC)