1 / 6

Innovative Pricing and Metering Strategies for Energy Services

This overview explores innovative rate structures in energy pricing and metering. Proper structuring of default service is necessary to reveal hidden price information. Effective pricing can encourage consumer participation in energy-saving programs. Larger-volume customers can adapt to complex pricing more easily, allowing for differentiated treatment between customer classes. Existing metering supports improved rate designs; however, advanced metering is essential for implementing complex strategies. Key topics include Critical Peak Pricing, Time of Use rates, and Real-Time Pricing for commercial and industrial customers.

bjorn
Télécharger la présentation

Innovative Pricing and Metering Strategies for Energy Services

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Pricing and Metering • Innovative rate structures can achieve a lot • Structure of default service • Currently, hides important price information • But just getting the prices right isn’t enough • Good prices drive consumers to good behavior and programs • Larger-volume customers can handle more complex pricing more easily • Different customer classes can be treated differently • Existing metering can support improved rate designs, but advanced metering is required for more complex rate designs

  2. Pricing and Metering Strategies

  3. Delivery of PRL Programs • LSEs (utilities, discos, CSPs, ESCOs) enroll participants in ISO programs • Participant and LSE share ISO payments • Where delivered by a regulated company, sharing set by regulators • Where delivered by competitive providers, sharing set by market, negotiation • If no sharing, then no competitive provision

  4. Critical Peak Time of Use Pricing • Flat or TOU rate during all “normal” hours. • Defined or Market price effective when market price exceeds defined threshold. • Customers get notice when Critical Peak rate is in effect.

  5. Real-Time Pricing for Large Commercial and Industrial • Georgia Power: Baseline-referenced RTP; customers see market price at margin. • Niagara Mohawk: Customers see market price for all consumption. • If both offered, customer chooses.

More Related