What is an indexed electricity rate?

What is an indexed electricity rate? An indexed electricity rate simply means that the price of your electricity is tied to another underlying variable. For some electricity providers, this underlying variable is the price of a publicly available index. One example is the monthly closing price of the NYMEX natural gas futures contract. What is […]

What is a regulatory procedure?

What is a regulatory procedure? The regulatory process is a formal process based on specified policies, principles and associated criteria and follows specified procedures as established in the management system. What are the policies rules and procedures? Policies are the rules and regulations that serve as a guiding principle for the organization while making decisions. […]

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