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The Ontario Energy Board in August 2009 nullified all landlord submetering and allowed future submetering only upon informed tenant consent, including provision of third party energy audits to tenants to enable them to judge the total cost of rent plus electricity. [8] Some submetering products connect with software that provides consumption data.
According to the U.S. Energy Information Administration (EIA), "Electricity prices generally reflect the cost to build, finance, maintain, and operate power plants and the electricity grid." Where pricing forecasting is the method by which a generator, a utility company, or a large industrial consumer can predict the wholesale prices of ...
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 ...
The open metering system of the Open Metering System Group e.V. stands for a manufacturer- and media-independent standardization for Meter-Bus (M-Bus) based communication between utility meters (electricity, gas, water, thermal energy), submetering (cold/hot water, thermal energy, heat cost allocators), and systems in the field of smart meters.
The electricity price usually differs from the system price from one price area to another, e.g. when there are constraints in the transmission grid. A special contract for difference called Electricity Price Area Differentials or EPAD allows members on the power exchange to hedge against this market risk called area price risk. [2]
Wireless M-Bus (WMBus): WMBus, compliant with the European EN 13757 standard, is widely adopted across Europe for water, gas, and electricity metering. [12] It offers secure, reliable, and energy-efficient communication tailored for utility applications. The data collected by this mean are sent to the network using a WMUS Gateway (see below).
[1] [2] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price. Such agreements play a key role in the financing of independently owned (i.e. not owned by a utility ) electricity generators, especially producers of renewable energy like solar farms or wind farms .
1 Prohibition of submetering in residential apartments. 1 comment. Toggle the table of contents. Talk: Utility submeter. Add languages.