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Tag: energy 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 […]

Energy Prices Forecast | Kiplinger

Energy Prices Forecast | Kiplinger

Cheaper crude oil is starting to benefit drivers at the gas station. The national average price of regular unleaded gasoline slipped four cents from a week ago, to $2.29 per gallon. And a price rebound seems unlikely for now. We look for the national average price to hover around $2.30 per gallon. Diesel, now averaging […]

Next Steps for Gas Pricing | Energy Intelligence

Next Steps for Gas Pricing | Energy Intelligence

Long-term contracts that index LNG or international pipeline gas prices to oil for decades into the future are quickly becoming counterproductive for everyone involved. Once oil demand peaks, oil prices will probably become chronically weak and unstable. When that will be is unclear, but a growing number of forecasts show that peak arriving within a […]

Next time you read your increased power bill, blame Tony Abbott | The Guardian

Next time you read your increased power bill, blame Tony Abbott | The Guardian

Electricity prices have jumped almost 20% in some states, with many others soon to follow. Even before these increases, electricity prices are higher now than when the carbon price was in place. This is the unfortunate price that we pay when we listen to self-interested politicians and ignore experts. You might think that this all […]

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 […]

How Can Electricity from solar energy Become Even Cheaper?  | Latest Solar News

How Can Electricity from solar energy Become Even Cheaper? | Latest Solar News

At the start of mass production of electricity from sunlight, discussions on solar electricity prices have never been arrested. The main focus is electricity produced from sunlight, which was generally more expensive than that supplied by the mains. Prices may be lower? If they can, how can we achieve it? falling costs One solar panels […]

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 […]