What does WAPEL stand for?

WAPEL stands for weighted average project expense level

This definition appears very rarely

Samples in periodicals archive:

This page provides information related to individual Project Expense Levels (PELs) as well as Weighted Average Project Expense Levels (WAPELs). The PEL is the model-generated estimate of the cost to operate each project, exclusive of taxes, utilities, and certain add-ons.