How to Persuade Customers to Use Energy More Efficiently:
The Pros and Cons of Potential Rate Design Options
Original Air Date: February 11, 2010
Last year, the federal government approved $3.4 billion in grants for 100
“smart grid” projects. Most of these projects include the deployment of advanced
meters, making it easier for utilities to implement a wide range of
efficiency-inducing rates (EIRs) that can help consumers reduce their peak or
total energy consumption and get the most out of smart grid investments.
EIRs can vary by time, condition, or customer behavior. When you align rates
with electricity costs, you encourage your customers to use electricity when it
costs less. EIRs have their own unique advantages, disadvantages, and design
choices, so deciding which ones are right for your customers can be a challenge.
Find out how to design rates that promote energy efficiency when you purchase
the CD of the latest NRRI teleseminar, “How to Persuade Customers to Use Energy
More Efficiently: The Pros and Cons of Potential Rate Design Options,” which
originally aired on February 11, 2010.
Listen as our experts present details on several rate design options and offer
advice on how to design time-of-use and seasonal rates. You’ll also learn about
the secondary consequences of rate designs, including their effect on different
types of consumers and on renewable energy projects.
Whether you’re with a commission whose utilities are using smart grid
technologies, have state mandates to reduce carbon emissions or improve energy
efficiency, are proposing new rate designs or considering an advanced metering
infrastructure, or you’re a regulator who wants to learn more about providing
rate-design outlines and reviewing utility proposals—this is one session you
can’t afford to miss.
First, NRRI Research Analyst Adam Pollock helps you better understand the
advantages and disadvantages of the various rates, as well as some of the design
decisions you’ll need to make. Then Evgenia Shumilkina shows you how to develop
seasonal and time-of-use rates, including peak periods and rates.
Here’s just some of what you’ll learn when you listen to the recording of this
in-depth, 90-minute teleseminar:
- The differences between inclining block, seasonal, time-of-use, critical
peak pricing, and real-time rates, and which ones will help your customers
become more energy-efficient.
- How rate designs can encourage or discourage distributed renewable
energy generation.
- How to decide between critical peak pricing and peak-time rebates: Which
one your customers will like best and why.
- How cluster analyses can help you determine optimal seasons or times of
day for peak rates.
- How to estimate customer response to proposed rate changes.
. . . and much more!
Hear what the experts say on the subject when you purchase the
CD of the latest NRRI teleseminar, “How to Persuade Customers to Use Energy
More Efficiently: The Pros and Cons of Potential Rate Design Options,”
originally broadcast on February 11, 2010.
Seminar panel of experts:
Adam Pollock, Research Analyst, NRRI
Evgenia Shumilkina, Research Analyst, NRRI
William B. Marcus, Principal Economist, JBS Energy, Inc.
Richard E. Morgan, Commissioner, District of Columbia PUC
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