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TeachMeFinance.com - explain Unit price Unit price The term 'Unit price' as it applies to the area of energy can be defined as ' Total revenue derived from the sale of product during the reference month divided by the total volume sold; also known as the weighted average price. Total revenue should exclude all taxes but include transportation costs that were paid as part of the purchase price'. Previous 5 Terms: unit circle Unit Control Position unit fraction Unit Hydrograph Unit Input Intensity Allowance Next 5 Terms: unit rate unit sale Unit train Unit value, consumption Unit value, wellhead About the author 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.