Glossary
E.ON's energy and financial terms.
Security that represents a right to a share in a company.
The Shareholders Meeting is a gathering of the owners (shareholders) of a listed company at which they are entitled to exercise certain shareholder rights. Shareholders are allowed to vote at the Shareholders Meeting according to the shares they hold. Among other things the Shareholders Meeting decides on issues such as appointing the Supervisory Board, profit distribution, approving the activities of the members of the Board of Management and the Supervisory Board, appointing an auditor as well as carrying out capital measures.
Meter technology has advanced considerably in recent years, new smart meters now have the capability to store and transmit customer consumption data. This prevents the necessity for inconvenient home visits or the uncertainty of estimating our customer's bills. Smart meter technology can allow customers to track their consumption online or using an in-home display, enabling them to manage their energy use more efficiently. Increased detail of usage patterns could also allow E.ON to control and balance our operations along the energy value chain better.
Generating unit that converts solar energy into thermal energy is then used to drive steam turbines or Stirling engines to generate electricity.
People or entities that have a stake in what a company does. They include its employees, suppliers, and customers; people who live near its facilities; communities in which its facilities are located; and all levels of government to which it pays taxes or by which it is regulated.
The share price represents the price of a security traded at the stock exchange. The share price is determined by supply and demand, as with any other commodity.
An overall measure of electric service quality encompassing reliability (the frequency and duration of service interruptions) as well as voltage and frequency maintenance.
Appoints, monitors and advises the Board of Management. Members of the Supervisory Board are elected at the Shareholders Meeting as well as by employee representatives.
