TRC
Total Resource Cost
Energy
Total Resource Cost (TRC)
A regulatory concept used to represent the total net costs of a resource decision. The TRC is used by the California Public Utilities Commission (CPUC) and other regulatory jurisdictions as one of several benchmarks used to evaluate the cost-effectiveness of various programs, measures, and strategies.
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Proved or Proven Reserves
In context of natural gas, refers to the estimated quantities that are believed recoverable in future years from known reservoirs under existing economic and operating conditions. Volumes of natural gas placed in underground storage are not considered to be “proved reserves.” [Source: Energy Information Administration (EIA) Website: http://www.eia.gov/dnav/ng/TblDefs/ng_enr_nprod_tbldef2.asp]
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Peak Demand
The maximum amount of electricity needed, used or produced within a given time frame (see definition for “Demand”).
Load
When used in an energy context, “load” can have multiple meanings: From an energy consumption perspective, “load” can be used to refer to demand by any particular equipment unit, system, facility, customer, or other grouping of energy users for electricity, natural gas, or other energy resources. From an energy supply perspective, “load” can also be