Local Utility

power company or local utility

Power Company or Local Utility Definition:

The terms we use to refer to where consumers buy grid electricity.

Breaking Down Power Company or Local Utility:

A power company or local utility company supply electricity to buildings connected to the power grid. These companies charge a fee for using the services that they provide (ie: water, gas, electric). The charges are a combination of fixed costs and rates.

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Kilowatt-hour (kWh)

Kilowatt-hour (kWh)

Standard unit for electricity. Customers pay for electricity by the kWh.

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How Efficient is Solar Power?

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