Why Dynamic Pricing Gets Back Seat in California
Dialogue
Conversation with former president and commissioner Mike Peevey with Brattle Group principal Ahmad Faruqui.
Pricing
Buying Solar Energy by The Minute
Aligning Benefits with Costs
There is a better way to implement the Buy All-Sell All model. Instead of setting VoS rates based on speculative forecasts, why not just pay prices that reflect the actual, contemporaneous value of the solar energy? Why not, effectively, buy the solar energy by the minute?
2040: A Pricing Odyssey
Waking Up in the Future
How to price electricity when the grid goes 100 percent green.
Pricing Innovation
Changing the Game
Business models will be tailored to meet market purpose and require pricing approaches that match the nature of the offering to how customers perceive value.
Default Service Pricing Has Been Wrong All Along
Allows Utilities to Maintain Dominance in Markets
The failure to allocate costs appropriately to a utility business unit is in direct conflict with cost allocation guidance from NARUC.
Market Responsive Pricing for Water Utilities
A Solution to the Diamond-Water Paradox
Adjusting water prices based on supply and demand conditions will create more effective and efficient utilities, lower customer rates and protect the environment.
Rate Design Reform
Listen to Bonbright, Kahn, and Behavioral Economists
The time for rate design reform is right. Utilities, regulators and others recognize that pricing is a vastly untapped source of demand-side resources with the ability to alter both consumption and peak demand.
A Modern Rate Architecture for California's Future
Enabling the IOUs to be Effective Change Agents
Pacific Gas and Electric, San Diego Gas & Electric and Southern California Edison have developed a new framework for customer rates that reflects the changing dynamics of the electric power industry and customer choice.
Forging a Path to the Modern Grid
Energy Efficiency Solutions
It's not news that power systems across the United States are experiencing an upheaval. With the greater deployment of energy efficiency, renewable energy and distributed resources, as well as different usage patterns and customer demands, today's grid is struggling to perform to our expectations.
Transitioning to a more modern electrical grid will require changes to the pricing structures used by electric utilities, moving beyond the traditional two-part rate with its roots in the nineteenth century.
Price Responsive Demand
Economic Experiments
It is little wonder why so many commissions prefer a regulatory model that shields most consumers (especially residential) from real time market volatility.