The Tariffs of Tomorrow: Innovations in Rate Designs
Ahmad Faruqui, Cecile Bourbonnais
Abstract
Today, most american residential customers pay for electric service via tariffs that are structured as two-part rates consisting of a fixed monthly charge and a volumetric energy charge expressed in U.S. dollars per kilowatt-hour. The fixed-charge component generally comprises a small portion of the bill, which is dominated by the volumetric charge.
Topics & Concepts
Charge (physics)Electrical engineeringVoltageService (business)Electric chargeFixed chargeBusinessAutomotive engineeringIndustrial organizationEnvironmental economicsEngineeringEconomicsPhysicsMarketingMolecular physicsQuantum mechanicsSmart Grid Energy Management