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Tag: Electricity Pricing

Beyond TOU: Is more dynamic pricing the future of rate design? | Utility Dive

Beyond TOU: Is more dynamic pricing the future of rate design? | Utility Dive

“California needs dynamic pricing,” he said. Unlike TOU rates, which include a modest price differential on each day, dynamic pricing involves alerting customers to steeper increases in per-kWh rates in advance of specific peak demand events. Instead of a small differential every day, the larger gap between peak and off-peak pricing is meant to drive […]

Singapore start-up launches new online platform to compare electricity prices | The Straits Times

Singapore start-up launches new online platform to compare electricity prices | The Straits Times

Besides benefiting consumers, Electrify also aims to serve retailers by providing information that allows them to remain competitive. Currently, retailers operate in silos, and have little information about how their products and prices are benchmarked against others. A proprietary pricing software Fibonacci will allow retailers to enter the spreads they want to offer based on […]

Electricity pricing: Smart meters, dumb arguments | ejinsight

Electricity pricing: Smart meters, dumb arguments | ejinsight

Peak-load pricing is the type of price strategy that promotes efficiency while ensuring that a service provider doesn’t sell at a loss. When you pay for a restaurant visit, you pay for the food cost as well as the rent of the restaurant. If the restaurant is not so packed at dinnertime, the owner can […]

Power to the customer in price model | The West Australian

Power to the customer in price model | The West Australian

To assist participants in their usage, Horizon Power developed an app allowing residents to track their electricity use and receive alerts and notifications to help them stay within their allowance. Based on the results of the pilot program, a pricing plan model will be implemented. Horizon Power managing director Frank Tudor said the new pricing […]

Vattenfall plans aggressive green power pricing to woo large corporates | theenergyst.com

Vattenfall plans aggressive green power pricing to woo large corporates | theenergyst.com

Vattenfall will compete aggressively on price as it looks to take large electricity customers away from established business market energy suppliers. The firm announced plans to enter the UK business to business (B2B) market last month and is now negotiating terms with a number of large industrial and commercial power users, according to James Hunt, […]

Some US power prices higher than last year as summer approaches | S&P Global Platts

Some US power prices higher than last year as summer approaches | S&P Global Platts

KASSIA: Renewables are clouding the West, Texas demand is soaring, and the largest US grid operator appears to have ample generation as things start to heat up for summer. Welcome to the Commodities Spotlight Podcast from S&P Global Platts. I’m Kassia Micek, with the Platts North American power pricing team, based out of the Platts […]

Negative Prices – Q&A | EPEX SPOT

Negative Prices – Q&A | EPEX SPOT

What are negative prices and how do they occur? Negative prices are a price signal on the power wholesale market that occurs when a high inflexible power generation meets low demand. Inflexible power sources can’t be shut down and restarted in a quick and cost-efficient manner. Renewables do count in, as they are dependent from […]

Alectra Utilities recognized as ‘Thought Leader’ for pricing pilot | Market Wired

Alectra Utilities recognized as ‘Thought Leader’ for pricing pilot | Market Wired

NASHVILLE, TN–(Marketwired – April 05, 2017) – Alectra Utilities was acknowledged for its innovative, industry-leading work at the Peak Load Management Alliance (PLMA) conference held Tuesday in Nashville, Tennessee, receiving a Thought Leader award in recognition of the success of the company’s Advantage Power Pricing (APP) pilot. In partnership with Energate Inc., and funding from […]

Report Finds That Ontario’s Time-Of-Use Pricing Shifts Electricity Consumption | Energy Insider

Report Finds That Ontario’s Time-Of-Use Pricing Shifts Electricity Consumption | Energy Insider

A February 2017 report titled “The Impact of Time-Of-Use Rates in Ontario,” authored by the Brattle Group (with contributions from Mountain Economic Consulting and eMeter), looks at the impacts of the implementation of time-of-use (TOU) pricing in Ontario. The report (which can be found here) is summarized in a February 2017 article in Public Utilities […]

Electricity pricing is confusing and that’s why they’re using it to mislead us | The Guardian

Electricity pricing is confusing and that’s why they’re using it to mislead us | The Guardian

The government has clearly decided that electricity prices is its key message for the next three years – and as a result the prime minister has ensured the policy debate will be biased towards climate change denial and will continue to treat Australians as idiots. When the prime minister let fly against Bill Shorten in […]