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The idea behind these plans, called “time-of-use” rates, is to reduce the strain on the power grid during peak demand times by adjusting customers’ electricity use behavior.
Starting Oct. 1, all western Missouri electricity customers will be switched onto one of Evergy’s new time-of-use rate plans. Here’s how they’ve worked in other cities.
In Massachusetts, Attorney General Maura Healey testified in March, 2017 before the DPU urging it to deny Eversource's proposed $300 million rate increase. In her testimony, [38] she challenged the need for Eversource's rate increase, noting NSTAR's and WMECo's high returns over the last few years. Referencing NSTAR's 2015 return of more than ...
Sep. 20—Eversource customers using 600 kilowatt hours a month will see their monthly bills rise another $4.67 starting Oct. 1. That will mean bills for people using that much power will have ...
Time of use (TOU) – different rate depending on the time of day; Demand rates – based on the peak demand for electricity a consumer uses; Tiered within TOU – different rates depending on how much they use at a specific time of day; Seasonal rates – charged for those that do not use their facilities year-round (e.g. a cottage) Weekend ...
In January 2018, the Massachusetts Department of Public Utilities (DPU) approved demand charges for Eversource utility's net metering customers. DPU also got rid of optional time-of-use rates for residential customers. Among renewable and clean energy advocates, demand charges are "very controversial."
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The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
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