(A - E) (F - J) (K - O) (P - T) (U - Z)

  • Obligation to Serve : The obligation of a utility to provide electric service to any customer who seeks that service, and is willing to pay the rates set for that service. Traditionally, utilities have assumed the obligation to serve in return for an exclusive monopoly franchise.
  • Off-peak : Periods of relatively low system demands.
  • Ohm : Unit of measure of electrical resistance.
  • On-Peak Energy : Energy supplied during periods of relatively high system demand as specified by the supplier.
  • Open Access : Access to the electric transmission system by any legitimate market participant, including utilities, independent power producers, cogenerators, and power marketers.
  • Operation and Maintenance Expenses : Costs that relate to the normal operating, maintenance and administrative activities of a business.
  • Options : Options are potential decisions over which a utility has a reasonable degree of control. One option might be to build a new coal-fired power plant; another option might be to refurbish an old power plant. Each option has one of more values to be specified. A specified option has a specified value such as year of implementation or size of plant. A plan is a set of specified options. A plan contains a set of decisions or commitments the utility can make, given the options available.
  • Outage : Time during which service is unavailable from a generating unit, transmission line, or other facility.
  • Overload : The flow of electricity into conductors or devices when normal load exceeds capacity.

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