Tag: Electricity Pricing

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

The CAG observed, “There were inadequacies in the pricing methodology followed by the Company. The multiplication factor adopted to scale up tariff for higher capacities was low, which adversely impacted revenue. Pricing of Indefeasible Right to Use (IRU) contracts was inconsistent with different methods applied for different contracts, leading to lower revenue for the business.” […]

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

Price indications for notional two, three and five year contracts for potential power transactions on Mexico’s MEM wholesale power market were included in the flagship Mexico Energy Report publication on 11 July in addition to the one-year contract already included. The survey results show that a two-year contract for the Valle de Mexico Norte node, […]

Massachusetts Rejects Smart Meter Rollouts, as Competitive Energy Undermines the Business Case | Greentech Media

Massachusetts Rejects Smart Meter Rollouts, as Competitive Energy Undermines the Business Case | Greentech Media

The problem is that each utility customer that switches to a non-utility energy provider is no longer part of each utility’s list of prospective time-varying rate (TVR) adopters, even though the utility paid for the smart meter that made them available. And while third-party retailers and municipal aggregators could offer TVRs of their own, “there […]

Complete Energy Democratization Is Coming. Let’s Get Ready. | Shift NewCo

Complete Energy Democratization Is Coming. Let’s Get Ready. | Shift NewCo

The underlying problem is that there aren’t many financial incentives for customers to buy smart meters (most customers who do have smart meters were required by their state, or were heavily subsidized, to install them). At present, smart meters don’t matter for most customers because they don’t make a difference to cost. Most customers are […]

ADB expects Cabinet to approve pricing mechanisms for fuel, electricity this year | Daily Mirror

ADB expects Cabinet to approve pricing mechanisms for fuel, electricity this year | Daily Mirror

The government is likely to put its rubber stamp on cost-reflective pricing formulae for fuel and electricity within this year, as the burden of state-owned enterprise (SOE) debt has been weighing on the economy for too long. According to the Asian Development Bank (ADB), the Cabinet is expected to approve a proposal to this effect […]

Vector welcomes terms of reference for electricity pricing review | Voxy

Vector welcomes terms of reference for electricity pricing review | Voxy

Vector has welcomed the Government’s announcement of the final terms of reference for its review of electricity pricing, saying it is nearly a decade since the retail and generation components of the sector were last independently and robustly assessed and the review should deliver needed transparency across the entire make-up of a consumer’s bill. Vector […]

Study Predicts Growth in MISO Demand Management | RTO Insider

Study Predicts Growth in MISO Demand Management | RTO Insider

Distributed resources, driven by rooftop solar, will impact peak loads. MISO will continue to see rapid adoption of distributed generation with the rapidly declining cost of residential rooftop solar, Daukoru said. Distributed wind, on the other hand, is expected to remain prohibitively expensive for most residents. Combined heat and power is already at high saturation […]

Why Charging Your Electric Car at Night Could Save the World | Fortune

Why Charging Your Electric Car at Night Could Save the World | Fortune

It’ll take more than just driving an electric vehicle to save the environment. You’ll have to charge them at the right time, too. Put simply, if the world’s drivers plug in an increasingly large EV fleet right after work, it could undo many of the environmental benefits expected from fewer cars running on gasoline and […]

Customer complaints about skyrocketing electric bills prompt state review | BDN Maine

Customer complaints about skyrocketing electric bills prompt state review | BDN Maine

“I’ve never ever had a bill over $150, and that was [with] electric heat in the dead of winter,” Jacob Johnson of Tenants Harbor wrote in a Feb. 15 post on the Midcoast Message Board Facebook page. He said his CMP bill had more than doubled to $367 a month. The PUC receives complaints every […]

Utilities planning to move Californians to time-of-use pricing need solutions for low-income customers | Environmental Defense Fund

Utilities planning to move Californians to time-of-use pricing need solutions for low-income customers | Environmental Defense Fund

Last month, all three of California’s major investor-owned utilities submitted applications to the California Public Utilities Commission detailing their respective strategies for how to transition residential customers to time-of-use pricing. Time-of-use pricing, if done right, is a low-cost strategy to help meet California’s climate and clean energy goals. This innovative tool can help the state […]