← All glossary terms

Utility Rates, Grid, and Markets

Municipal utility

Municipal utility is owned by a city or local government. It may offer local responsiveness and different governance, but large-load service can still depend on wholesale power supply, transmission access, and regional grid constraints.

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MWh

Megawatt-hour equals one MW used for one hour. MWh matters for energy cost, emissions, battery duration, and renewable matching, while MW matters for peak capacity and grid impact.

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N+1

N+1 means the system has the base capacity required for the load plus one additional redundant component or unit. It improves maintainability and resilience, but it is not the same as a fully duplicated system.

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Yield on cost

Yield on cost is stabilized NOI divided by total project cost. Developers use it to judge whether projected returns justify construction, power infrastructure, land, entitlement, and leasing risk.

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