Strategies for electric utility bill reduction when alternative rate structures apply.: An article from: Engineering Economist
Book Details
Author(s)J.F. Mahoney, B.L. Capehart
ISBN / ASINB00092WRH8
ISBN-13978B00092WRH3
AvailabilityAvailable for download now
Sales Rank14,064,909
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Engineering Economist, published by Institute of Industrial Engineers, Inc. (IIE) on March 22, 1994. The length of the article is 4625 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the author: Non-residential customers of electric utilities often qualify to have their monthly bill amount computed using two different rate structures. Assume Schedule A is the rate structure which applies when a customer's peak power demand is less than an assigned value X, while Schedule B applies when the peak power demand is above X. The Schedule A rate structure consists of a flat (uniform) cost component plus a second cost component proportional to the energy consumed. The Schedule B rate structure includes, in addition to these two types of charges, a third cost component which is proportional to the peak power demand. Also, non-residential customers with energy usage below a certain defined level are termed Type I users, while those customers who operate above this threshold are termed Type II users. In this analysis it was found that as the peak power demand is reduced, while holding energy usage constant, that Type I users are rewarded when Schedule B gives way to Schedule A, whereas Type II users suffer a penalty. Both elementary and advanced strategies are given for the reduction of utility bills when the user has the flexibility of moving between the two schedules. A numerical example is provided.
Citation Details
Title: Strategies for electric utility bill reduction when alternative rate structures apply.
Author: J.F. Mahoney
Publication:Engineering Economist (Refereed)
Date: March 22, 1994
Publisher: Institute of Industrial Engineers, Inc. (IIE)
Volume: v39 Issue: n3 Page: p235(14)
Distributed by Thomson Gale
From the author: Non-residential customers of electric utilities often qualify to have their monthly bill amount computed using two different rate structures. Assume Schedule A is the rate structure which applies when a customer's peak power demand is less than an assigned value X, while Schedule B applies when the peak power demand is above X. The Schedule A rate structure consists of a flat (uniform) cost component plus a second cost component proportional to the energy consumed. The Schedule B rate structure includes, in addition to these two types of charges, a third cost component which is proportional to the peak power demand. Also, non-residential customers with energy usage below a certain defined level are termed Type I users, while those customers who operate above this threshold are termed Type II users. In this analysis it was found that as the peak power demand is reduced, while holding energy usage constant, that Type I users are rewarded when Schedule B gives way to Schedule A, whereas Type II users suffer a penalty. Both elementary and advanced strategies are given for the reduction of utility bills when the user has the flexibility of moving between the two schedules. A numerical example is provided.
Citation Details
Title: Strategies for electric utility bill reduction when alternative rate structures apply.
Author: J.F. Mahoney
Publication:Engineering Economist (Refereed)
Date: March 22, 1994
Publisher: Institute of Industrial Engineers, Inc. (IIE)
Volume: v39 Issue: n3 Page: p235(14)
Distributed by Thomson Gale
