A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

LDC - Local Distribution Company and/or Local Distribution Utility.

Lease Bonus - An amount paid by a lessee to a lessor as consideration for granting a lease, usually as a lump sum; this payment is in addition to any rental or royalty payments.

Lease Equipment - All equipment located on the lease except the well and the complete 'christmas tree' installation.

Lifting Costs - The costs associated with the extraction of a mineral reserve from a producing property. Refer to Production Cost.

Load - The amount of electric power supplied to meet one or more end-user's requirements. May also refer to an end-use devise or end-use customer that consumes power.

Load Factor - The percentage difference in the amount of electricity used during a specified time period vs. the usage amount had it remained at the consumer's highest demand level for the duration. The term is also used to mean the percentage of capacity of an energy facility.

Load Management - Action taken to improve power demand at time of peak loads and to shift some of the load to off- peak times.

Lumen - A measure of the amount of light from a source typically equivalent to the light emitted by one candle.

Luminaries - Complete lighting unit consisting of the lamps and associated parts.