Glossary - A
The utilities industry is awash with jargon and apparently meaningless abbreviations. We aim to explain what some of them mean. Please use either the search box (above and left) or the A to Z matrix to the right.
Displaying 1 - 3 of 3 definitions.
- The Association of Cost Management Consultants. The professional body that regulates the conduct of members who provide cost management services to businesses for energy, water and telecommunications. A copy of the Code of Conduct can be found at ACMC Code of Conduct
- Annual Quantity
- The Annual Quantity (more commonly referred to as the AQ or Annual Offtake) is the amount of gas that National Grid (formerly Transco) believes was comsumed by a specific gas supply point or meter during the previous year. It is used by gas suppliers for price setting.
- The agreed level of electricity supply capacity provided by the networks and the energy suppliers to meet the consumers highest predicted monthly demand (measured in kVA. Also known as Supply Capacity. If the site exceeds this specified capacity it is likely that a financial penalty will be levied.