§ 62.222. Definitions.
The following words and terms, when used in this subchapter, have the following meanings, unless the context clearly indicates otherwise:
Act—66 Pa.C.S. § § 2201—2212 (relating to Natural Gas Choice and Competition Act).
Base rate—The customer charge, distribution charge and other rates that are established in a Section 1308 proceeding under 66 Pa.C.S. § 1308 (relating to voluntary changes in rates).
Basic services—As defined in § 62.72 (relating to definitions).
GPC—Gas procurement charge—An element of the PTC, expressed on a per MCF or dekatherms (Dth) basis, that reflects an NGDC’s natural gas procurement costs and removed from the NGDC’s base rate and recovered through a separate charge.
MFC—Merchant function charge—An element of the PTC, expressed on a per MCF or Dth basis, that reflects the cost of uncollectibles associated with an NGDC’s natural gas costs.
NGDC—Natural gas distribution company—As defined in section 2202 of the act (relating to definitions).
NGS—Natural gas supplier—As defined in section 2202 of the act.
POR—Purchase of receivables—A program by which an NGDC purchases the accounts receivable of NGSs.
PTC—Price to compare—As defined in § 62.80 (relating to common natural gas competition terms).
SOLR—Supplier of last resort—As defined in § 62.101 (relating to definitions).
Small business customer—As defined in § 62.72.
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