Regulation .02 Definitions.

“Administrative fee” means a fee that is charged by an electric company to a subscriber organization or subscription coordinator that has elected to use consolidated billing.

“Consolidated billing” has the meaning stated in Public Utilities Article, §7-306.2, Annotated Code of Maryland.

“Net bill credit” means the remaining credit on a bill rendered by an electric company for electric service to a subscriber that is participating in consolidated billing.

“Savings rate” means a percentage set by a subscriber organization or subscription coordinator for a subscriber which represents the discount to the subscriber’s energy charges provided by the subscribed energy.

“Subscription charge” means an amount charged by a subscriber organization or subscription coordinator to a subscriber in exchange for subscribed energy.