Rate: Charges tab

A rate schedule can hold multiple charges that fall under several categories, and can include both unique charges and shared charges. You also set the Charge Execution Sequence from this tab.

Charges must consist of a class and an effective date.

Note: Effective date and times on rates, bill attributes, and rate assignments are shown relative to the user's workgroup time zone rather than relative to the Service Point time zone. The Service Point time zone is used for bill determinant and rate calculations.

Shared or Unique Charge Types

  • Demand. Demand charges apply to load data. Add a Closedbilling determinant to this charge to show which Time of use (TOU) schedules season or blocks the charge covers. Demand charges can have different charge amounts for each season or block. They can also have multiple charge blocks. For more information, see Charge type: Demand.

    A billing determinant is a calculation used to create rate charges. The billing determinant calculation applies a mathematical operator to interval data within a time-of-use period. For example, you can create a "summer peak" billing determinant that multiplies the per-kWh charge by the total kWh of the summer peak TOU. The billing determinant calculation can also include adjustments, such as a power factor (PF) adjustment.

  • Energy. Energy charges apply to load data. Add a Closedbilling determinant to this charge to show which Time of use (TOU) schedules season or blocks the charge covers. Energy charges can have different charge amounts for each season or block. They can also have multiple charge blocks and load factor blocks. For more information, see Charge type: Energy.

    A billing determinant is a calculation used to create rate charges. The billing determinant calculation applies a mathematical operator to interval data within a time-of-use period. For example, you can create a "summer peak" billing determinant that multiplies the per-kWh charge by the total kWh of the summer peak TOU. The billing determinant calculation can also include adjustments, such as a power factor (PF) adjustment.

  • Fixed. A fixed charge (also called a customer charge) is a single-dollar value added to a customer bill. It can be applied once per billing cycle or once every day in the billing cycle. For more information, see Charge type: Fixed.

  • Interval. An interval charge lets you specify a different price for every interval of every day. This is also called a real-time price energy charge. For more information, see Charge type: Interval.

Unique Charge Types

  • Bill Adjustment. The bill adjustment charge applies a multiplier to a group of charges. It does not modify the charge results. It actually creates another charge result that contains the adjustments to each charge selected. This new charge is added to the total bill. For more information, see Charge type: Bill adjustment

  • Maximum. The maximum bill charge is a conditional amount that is checked against the minimum bill charge and the total bill charge before taxes. The total bill charge, before taxes, will not exceed the maximum bill charge unless it is increased by a larger minimum bill charge. This charge can be applied once per billing cycle or once per every day in the billing cycle. For more information, see Charge type: Maximum

  • Minimum. Sets values used to calculate the minimum bill value amount. For more information, see Charge type: Minimum

  • Tax. The tax charge applies a tax percentage to a group of selected charges. For more information. see Charge type: Tax

  • Contract. The contract block charge is similar to regular energy and demand charge types in that you can specify different charge amounts for each season or block. However, the contract block charge allows you to remove the block from the load for pricing purposes as well as provide a contract start and end date for each block. You can also add multiple prices and price types (e.g., real-time price, energy price, or demand price). For more information, see Charge type: Contract