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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.
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