Definition of Classes of service

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TeachMeFinance.com - explain Classes of service



Classes of service

The term 'Classes of service' as it applies to the area of energy can be defined as ' Customers grouped by similar characteristics in order to be identified for the purpose of setting a common rate for electric service. Usually classified into groups identified as residential, commercial, industrial, and other'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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