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The opposite of firm service is non-firm service, also called interruptible service or as-available service. The cost per unit for this service is called a non-firm rate or interruptible rate . The interruptible load is the portion of a utility's load that comes from customers with interruptible service.
However, the variable price of oil on world markets leads to erratic and high prices compared to some other energy sources. Institutional heating systems (office buildings or schools, for example) can use low-grade, inexpensive bunker fuel to run their heating plants, but capital cost is high compared to more easily managed liquid fuels.
Worcester's gas, oil and LPG ranges consist of regular boilers, combination boilers and system boilers; these are wall-hung, floor-standing or externally sited. Worcester's solar water heating range was released in 2005, with the ground source heat pump range being released in 2007 and the air source heat pump range being released in 2008.
The heating oil futures contract trades in units of 1,000 barrels (160 m 3) with a minimum fluctuation of $0.0001 per gallon and (for the USA) is based on delivery in New York Harbor. [5] The Department of Energy tracks the prices homeowners pay for home heating fuel (oil and propane).
The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements. These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts.
The Hartford Steam Boiler Inspection and Insurance Company (HSB) is a global specialty insurer and reinsurer headquartered in Hartford, Connecticut. It was founded in 1866 and is the largest provider of equipment breakdown insurance and related inspection services in North America serving over five million commercial locations.
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