Dynamic pricing could advance renewables while cutting both customer costs and system costs, suggests a petition from solar and storage industry participants. They call for a rulemaking process to give all customers the option to choose real-time pricing. As the enabling technologies of battery storage, electric vehicles, and automated demand response technology become more common, […]
Four power retailers have lodged a complaint with the Electricity Authority over the recent surge in wholesale prices. Vocus, Flick, Pulse and Electric Kiwi want the Authority to investigate the spike in prices over the past month, which have hit as high as $1,000 a megawatt hour, and are averaging three times the normal wholesale […]
Energy companies with more than 200,000 clients will be obliged to provide households with at least one offer comprising dynamic price contracts, under an EU-level agreement reached behind closed doors last week, EURACTIV.com has learned. European Union legislators made headway on a proposed overhaul of EU electricity market rules, striking an agreement on “aggregators” – or […]
Power retailer Flick Electric has customers experiencing such high spot prices many are opting to switch services – but at least one other retailer is refusing to take them on as customers. The company, which offers power at wholesale prices – also called spot prices – said the surge would continue to hit their customers’ wallets in the […]
![Five-year pricing strategy offers ‘stability’ – MU Chair [Podcast] | Manx Radio](http://s3-eu-west-1.amazonaws.com/manxradionews/626170-1.jpg "Five-year pricing strategy offers ‘stability’ – MU Chair [Podcast] | Manx Radio")
Proposals to link future price increases to Manx CPI Proposed changes to the charging structure for electricity, water and sewerage in the Island will offer consumers ‘stability’, according to the chair of Manx Utilities. Dr Alex Allinson will put forward a new five-year pricing strategy at the October sitting of Tynwald. If approved, it would see annual […]
FORT COLLINS, Colo. — Should what time of day you run your air conditioning or do a load of laundry impact the price? The city of Fort Collins thinks so. Starting next month, the city will go to a mandatory “time-of-day pricing” for city-run electricity. Think of it like the Uber for public utilities. Similar to […]
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.” […]
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, […]
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 […]
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 […]
PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: Professional Pricing Society Currently, PPS produces three major annual pricing conferences in Europe and North America. Each conference also houses a technology hall where sponsors display the latest in Pricing […]
On-Demand Value-based Pricing Research with PriceBeam
The struggle is real for B2B and B2C Pricing, Marketing, and Finance team leaders to capture fresh, reliable, and actionable Pricing Intelligence data to be able to effectively optimize all prices for all market segments GLOBALLY. Almost all companies lose out on profits they should be earning as they either price themselves too low, leaving money on […]
This Week in Pricing > 12/8/18
TWIP is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: PriceBeam The struggle is real for B2B and B2C Pricing, Marketing, and Finance team leaders to capture fresh, reliable, and actionable Pricing Intelligence data to be able to effectively optimize all prices for all market segments […]
AAA Says Global Oil Glut is Good News for Gas Prices | Spectrum Local News – Buffalo
Downstate resident Steve Schoenfeld was in Western New York on business for a few days. While he’s not surprised by the cold weather, he is surprised by the gas prices. “I’m finding closer towards $3 a gallon, and this is the one time I’m buying gas when I’m up here just filling up my rental […]
As part of his Ph.D. research, Stephan Liozu studied the organizational and behavioral factors influencing the firm transformation towards pricing excellence. Pricing excellence combines both dimensions of pricing orientation and pricing realization leading too superior pricing power and ultimately to superior firm performance. During his research explorations, Stephan Liozu studied in depth the value-based pricing […]
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