Higher bills from Xcel Energy, which has a monopoly on Texas Panhandle homes and powers most area businesses, are a result of costly technological upgrades, spokesman Wes Reeves said. The average residential bill has increased 19.8 percent per kilowatt-hour since 2006. Fluctuations in fuel pricing, particularly natural gas, typically impact deregulated energy providers more heavily […]
New Delhi: The Indian basket of imported crude oils gained nearly $3.50 a barrel during last week even as petrol prices in the country touched their highest levels since 2014, official data has showed. Petrol price was hiked by 8 paise a litre and diesel by 10 paise per litre, applicable from 6 a.m. on […]
Paso Robles Vacation Rentals views the relationships they have with the home owners as in an integral part of providing quality homes to guests visiting the Paso Robles area. “We partner with our owners to showcase Paso Robles hospitality, we work together to ensure the best outcome. It’s always about the win-win.” Bryan Bonelli enjoys […]
New research suggests smart parking meters may do more than decongest streets, but be a potential money maker for cities collecting fines and fees. Research firm IDC reports that smart parking technology that uses sensors or video to relay parking occupancy has potential to be a revenue generator as it alerts parking enforcement about violations and generates […]
Amazon’s India video push can meaningfully grow Prime membership. More than half of new Prime members come through Amazon’s video service, according to James Farrell, the company’s head of video in the Asia-Pacific region. Additionally, the company’s localized pricing strategy — Prime membership in India costs less than $10 per year — is likely to entice […]
Parking meters across San Francisco may feature “dynamic” pricing by the end of this year. The new parking meter pricing policy will allow The City’s transportation planners to lower or raise prices based on the demand for parking spaces, in similar fashion to Uber’s surge pricing, which raises prices for ride-hail vehicles when demand for […]
“Technological innovation can help make this marketplace more transparent,” Mr. Johal says. “The marketplace is finally being brought into the 21st century.” The next step, he adds, is likely to be dynamic pricing – or the ability for municipalities to change parking rates more quickly based on availability and demand. San Francisco, for example, has […]
New Delhi: Petroleum minister Dharmendra Pradhan on Monday said the dynamic pricing regime, whereby prices of transport fuels are revised daily, would continue despite petrol prices going up by over Rs 6 per litre since the scheme was introduced pan-India from mid-June. Speaking to reporters after taking over additional charge of the Skill Development and Entrepreneurship […]
GolfVisions representatives described their season-pass plan in which golfers could choose from a varied level of customized passes. They might include a pass for all-access, for one course, for seniors, for juniors or for late afternoon play among other options. Punch cards for limited play would also be made available. With these different types of […]
Apple is reported to be in furious negotiations with Hollywood studios to bring down the cost of 4K movies purchased in iTunes to make them about the same price as regular HD movies. Being able to tell customers they are getting access to better value 4K movies would help Apple provide a point of difference […]
Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Strategic Pricing Solutions Strategic Pricing Solutions, LLC (SPS) is a management […]
This Week in Pricing > 9/16/17
This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations […]
Texas AG files first 3 price gouging lawsuits | KDFW
According to a release from attorney general’s office, state law prohibits businesses from charging exorbitant amounts during a declared disaster. The Bains Brothers, who own Texaco-branded gas station in Arlington, Carrollton and Richardson, were accused of charging the higher price even while displaying signs with prices in the $3-$4 range. Additional lawsuits were filed against […]
Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review
It’s a longstanding debate that’s reemerged during Hurricanes Irma and Harvey: During a time of crisis, should merchants raise or maintain prices when demand increases for essential products such as water, gas, and bread? Now, due to the influence of social media, a new alternative is emerging: Why not lower prices during these critical times? Economists usually […]
It’s that time of year when kids are heading back to school, others are graduating or just moving house, and millions of individuals are shopping for new furniture. Increasingly, people are buying stuff like sofas and dressers—things they used to test out in person—on the internet, thanks to the free shipping and low prices offered […]
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