Whole Population Rate Analysis for Strategic Rate Design
- Apr 6, 2020 4:10 pm GMT
Whole Population Rate Analysis is the process of calculating bills for an entire utility’s customer population on a current and alternative rate plans using each customer’s individual historic load profile. Typically used during the rate making process and the rate education processes, the Rate Analysis is useful to both internal and external audiences at utilities. When fully aggregated, the Whole Population Rate Analysis provides a revenue impact analysis for the utility to measure the impact of transitioning from a current to future rate plan.
- In 2018, 89 utilities—or nearly half of all major U.S. electric utilities—tried to change electricity rates by filing rate cases with state regulatory commissions; this number was the largest number since 1983. – eia.gov
- About half of U.S. investor-owned utilities have optional time varying rates for residential customers. New programs are being tested or talked about in at least ten states… - utilitydive.com
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