Electric bill terms: H

2 terms from electricity bills and tariffs that start with H, in plain words: Heat pump, Hedging.

Heat pump Meters and usage

An electric system that moves heat into the home in winter and out in summer. Some utilities have special rates or rebates for it.

See also: Rebate.

Hedging Suppliers and the electricity market

Contracts that a utility or a supplier buys to keep future prices stable.

Also called: fuel hedging.

See also: Fuel charge.

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NOTE

These definitions are general. The tariff of your utility gives the exact rule and the amount. Each calculator page on this site links to the tariff sheets. If a term is missing, send it to contactus@utilityratecalc.com.