Definition of Combined household energy expenditures

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TeachMeFinance.com - explain Combined household energy expenditures



Combined household energy expenditures

The term 'Combined household energy expenditures' as it applies to the area of energy can be defined as ' The total amount of funds spent for energy consumed in, or delivered to, a housing unit during a given period of time and for fuel used to operate the motor vehicles that are owned or used on a regular basis by the household. The total dollar amount for energy consumed in a housing unit includes state and local taxes but excludes merchandise repairs or special service charges. Electricity, and natural gas expenditures are for the amount of those energy sources consumed. Fuel oil, kerosene, and LPG expenditures are for the amount of fuel purchased, which may differ from the amount of fuel consumed. The total dollar amount of fuel spent for vehicles is the product of fuel consumption and price'.

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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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