The Rates Revolution
Delivering Demand Flexibility with Rates & Programs
Delivering Demand Flexibility with Rates & Programs
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For decades, we’ve had access to interval data from systems like MV-90 and AMI, but have struggled to translate this information into effective, scalable, and equitable rates and programs. This technological gap has stunted our ability to provide customers with the right incentives to make informed decisions and help them shift usage out of the peak.
This is where the concept of “Bending the Cost Curve” comes in. The idea is to turn ratemaking into a strategic tool for grid optimization. Well-designed rates and programs create the right incentives for customers to shift their usage, which helps avoid higher costs from system peaks and minimizes the need for rate increases.
Our latest guide, Bending the Cost Curve: Activating the Power Within Your Rates and Programs, explores this essential shift. It revisits the foundational Bonbright Principles of rate design and introduces a critical new 9th principle.
Speed. In today’s rapidly evolving energy landscape, rates that take years to develop risk becoming obsolete before they’re even implemented. It’s necessary that we implement rates that can evolve at the pace of innovation and customer expectation.
The ability to quickly optimize rates and program for demand flexibility will be the defining factor in unlocking the full economic and environmental potential of a modernized grid.
Want to learn more about how to make your rates and programs a strategic asset for the future?
Download “Bending the Cost Curve” to discover how to start your Rate Revolution.