contracts
Bandwidth (swing) clause
Define hotel energy bandwidth and swing clauses through baselines, periods, account grouping, upper and lower deviations, settlements, and contract exceptions.
The knowledge library
Definitions
Explore the methods, mechanics, and questions behind your hotel’s next energy decision.
bills
Block-and-index
Define block-and-index energy pricing through fixed quantities, delivery shape, indexed residuals, below-block settlement, fees, and invoice reconciliation.
contracts
Broker fee (adder)
Define an energy broker fee or adder, convert mills and cents correctly, and calculate the hotel's compensation cost without omitting or counting charges twice.
markets
Building performance standard (BPS)
Define a building performance standard for hotel planning. Identify coverage, regulated metrics, periods, approved pathways, and evidence needed for compliance.
bills
Capacity tag (PLC / ICAP tag)
Capacity tag (PLC / ICAP tag) identifies an account’s capacity allocation quantity. Verify methods, effective periods, meter records, and supplier treatment.
bills
Delivery charge
Delivery charge covers utility delivery services under the tariff. Identify its units, demand components, riders, account class, and billing responsibilities.
bills
Demand charge
Demand charge is a cost based on a tariff-defined power determinant. Check measurement windows, billing demand, units, ratchets, and hotel operating timing.
bills
Demand ratchet
Demand ratchet uses past peaks in today’s billing determinant. Check the look-back period, percentage, exclusions, measured demand, and tariff application.
bills
Demand response
Define hotel demand response through event obligations, baselines, load reduction, payment rules, and service limits. Separate program revenue from savings.
contracts
Early termination fee
Define hotel energy early termination fees through contractual triggers, remaining quantities, calculation methods, notices, exceptions, and account evidence.
markets
ENERGY STAR score
Define the hotel ENERGY STAR score as a comparative performance metric. Check whole-building data, model inputs, and interpretation before claiming improvement.
bills
ERCOT 4CP: four coincident peaks
ERCOT 4CP measures contribution at four summer system peaks. Check tariff applicability, interval demand, assigned quantities, and transmission-cost treatment.
contracts
Fixed-rate contract
Define a fixed-rate hotel energy contract through covered prices, units, term dates, usage, exclusions, adjustment clauses, and verifiable invoice calculations.
bills
Henry Hub and basis
Define Henry Hub and natural gas basis for hotel procurement. Identify reference prices, delivery locations, timing, units, and what a fixed component covers.
contracts
Holdover rate
Understand a hotel energy holdover rate through post-term pricing, renewal provisions, service dates, notice requirements, and reproducible invoice comparisons.
contracts
Index pricing
Define energy index pricing through named market references, location, timestamps, load weighting, units, adders, and reproducible retail bill calculations.
bills
Interval data / load profile
Define hotel interval data and load profiles through units, time steps, timestamps, meter boundaries, quality flags, aggregation, and billing reconciliation.
bills
kWh vs. kW
kWh vs. kW distinguishes energy consumed from power demand. Read meter units, convert interval records, compare hotel loads, and verify billing calculations.
contracts
Letter of authorization (LOA)
Define energy letters of authorization through permitted actions, account scope, signer authority, data access, duration, revocation, and recipient acceptance.
bills
Load factor
Load factor compares average power with peak power over one defined period. Calculate it from meter records and distinguish billing demand from physical peaks.
contracts
Material change clause
Define energy material-change clauses through specified triggers, thresholds, notices, remedies, account evidence, and their interaction with pricing terms.
markets
Net metering / net billing
Define net metering and net billing for hotel solar. Separate self-consumption, imports, exports, credits, demand, and eligibility before valuing a project.
bills
Pass-through charges
Define hotel energy pass-through charges through source costs, customer allocation, units, adjustments, permitted additions, and reproducible invoice evidence.
bills
Price to compare
Price to compare is a supply benchmark, not the hotel’s electricity cost. Check its component coverage, effective dates, account class, and supplier terms.
markets
Renewable energy certificate (REC)
Define renewable energy certificates for hotel electricity purchases. Verify MWh, ownership, retirement, reporting boundaries, and the claims documents support.
contracts
Retail energy provider (REP / CRES / ESCO)
Define REP, CRES, and ESCO in hotel energy procurement. Verify each party's regulatory role, legal identity, service territory, and contract responsibilities.
bills
Supply charge
Supply charge is the cost of defined electricity supply components. Learn its units, invoice boundaries, pricing structures, exclusions, and verification steps.
bills
Therm and Dth
Define therms and dekatherms for hotel gas bills, convert energy and price units, and distinguish thermal energy from cubic-foot volume and equipment output.
bills
Transmission tag (NSPL)
Transmission tag (NSPL) is a network-service allocation quantity. Separate it from capacity tags and demand, then verify source, period, and pricing treatment.
contracts
Utility default service (POLR / SOS)
Define hotel default electricity service, distinguishing ordinary utility supply from Texas POLR and Maryland SOS. Verify the account's actual transition rules.
A practical next step
Make your next energy decision an informed one.
Start with your property and your questions. Compare supplier options or talk through the bill and contract you have today.