Creating or editing a rate schedule

The rate schedule creation and editing screen has several tabs, but only the General tab is required in order to save the rate schedule. You can save as you go rather than waiting until you have created the entire rate schedule.

Verify that the service provider, Time of use (TOU) schedules and billing determinants that pertain to this rate schedule already exist in IEE. If they do not already exist, you must create them before you can add them to a rate schedule.

Rate Modeler requires a Time of Use schedule, even for a uniform rate.

1. Go to Rate Modeler > Rates > Create or Edit.

2. Double-click Rate.

3. Under Rate Name:

   • To create a rate schedule, click the dropdown menu and click Create.

   • To edit a rate schedule, select a rate from the dropdown menu. Or click the dropdown box and click Search to search for an existing rate schedule.

     Note: Editing rate schedules after they are assigned to service points may cause additional load on background processing updates. In particular, changes to rates that are related to Demand Response programs can cause configuration updates for reevaluation of event participation.

4. Enter the appropriate information in each tab. (For detailed instructions by tab, click the tab name in the list below.)

   Rate: General tab. Set overall attributes, such as name, description, commodity, and so on.

   Rate: Charges tab. Add individual and shared charges to the rate schedule.

   Rate: Bill attribute tab. Add billing attributes such as a class or a numeric value (for example, a local tax rate).

   Rate: Derived channels tab. Adds the capability to derive a channel on the rate. The rate charges can then use this derived channel for analysis.

   Rate: Rate tracking tab. Track what changes have been made to a rate, by whom, and when.

   Rate: Analysis tab. Check modeled rate against a service point for calculation results.

5. Click Save.