A Commitment Fee Is

question 45

Multiple Choice

A commitment fee is:

• A)the back-end fee.
• B)the facility fee.
• C)the up-front fee.
• D)none of these.

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Definitions:

Three Wire Wye

A three-phase power configuration where three branches in a circuit are connected at a common point, resembling the letter Y.

High Leg

In electrical systems, a term referring to a conductor in a delta connection that has a higher voltage with respect to ground than the other two conductors.

Open Delta

A transformer connection method using two transformers to form a delta configuration, typically used when one transformer of a three-phase system is out of service or for economy in a lightly loaded system.

Single-Phase Loads

Equipment that operates on a single alternating current (AC) power phase, usually seen in residential and light commercial settings.