Lowering Your Facility’s Electric Rates

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eBook Description

Many energy practitioners are either uninformed or misinformed regarding how electricity is actually priced. Many are also unaware of how to properly calculate potential dollar savings from energy efficiency upgrades.

Designed for commercial/industrial/institutional (C&I) power customers, this book details ways to secure lower electric rates and pricing in both regulated and deregulated retail power markets. The range of options varies from simple methods (e.g., minimizing sales tax) to more complex techniques (e.g., intervening in regulatory rate proceedings). With 40+ years’ experience in energy services, Mr. Audin provides an excellent understanding of power pricing and ways to reduce it.

Table of Contents

  1. Introduction
  2. Acronyms and Abbreviations
  3. Section I: Background
  4. Chapter 1 The Bottom Line
  5. Chapter 2 Understanding The Basic Power System
  6. Evolution of the Electric Utilities
  7. Utility Geography
  8. Utility Financial Structures Vary
  9. New Players in the Power Game
  10. How the Grids Expanded
  11. The Three Main Functions Of Utilities
  12. Retail Deregulation Impacts Some Utilities
  13. Chapter 3 Understanding Power Pricing
  14. Average Versus Actual Electric Rates
  15. To Understand the Options, Learn the Lingo
  16. Unbundling Electric Rates
  17. Basic Electricity and Tariff Units
  18. How Peak Demand May Be Measured
  19. Why Understanding Peak Demand Is Important
  20. Chapter 4 Typical Components in a C&I Electric Bill
  21. Fixed Charges
  22. Major Variable Charges
  23. Program Charges and Taxes
  24. Many Pieces in the Pie
  25. Chapter 5 First Steps in a Rate Analysis
  26. Tips to Make Analysis Easier
  27. Break Down Dense Language
  28. Use Utility Accounting Software
  29. Review Alternative Rates
  30. What Tariffs May Not Show
  31. Section II: Options for Rate and Cost Reductions
  32. Chapter 6 (Mostly) Administrative Options
  33. Avoid, Shift, and/or Reduce Taxes
  34. Minimize Bill Processing Costs
  35. Aggregate Meters/Accounts
  36. Re-classify Loads/Accounts
  37. Lower Service Firmness
  38. Seek A CHP Deferral Option
  39. Find Billing Errors Using a Professional Utility Bill Auditor
  40. Utilize Financial Techniques
  41. Chapter 7 Utilizing Metering and Dynamic Rate Options
  42. How Utility Metering Is Changing
  43. A Brief Tutorial on Interval Data
  44. How to Get the Data
  45. Evaluating a TOU Rate
  46. Power Pricing Based on Utility Load Profiles
  47. A Slightly Extreme Example
  48. Who May Benefit From TOU?
  49. Get It ‘Wholesale’ via RTP
  50. Who May Benefit from RTP?
  51. Chapter 8 Equipment/Technical/ Operational Options
  52. Reduce or Eliminate a Reactive Power Charge
  53. Convert Electric Loads to Natural Gas
  54. Get Paid to Cut Load By Demand Response Programs
  55. What Dr is All About
  56. Who Offers DR Programs/Tariffs?
  57. Cut a Distribution Rate by Upgrading Voltage Service
  58. Pursue Transmission Bypass
  59. Buy Cheaper Power Generated On-site
  60. Negotiating Cogeneration
  61. Cash in on Options for Using Alternative Energy Sources
  62. Section III: Changing The Rules
  63. Chapter 9 Negotiating with Utilities
  64. IOUs: Often the Toughest Nuts to Crack
  65. Munis and Co-ops May be Easier
  66. Authorities Are a Mix
  67. Possible Mechanisms for a Resolution
  68. Negotiation Is Never a Simple or Easy Task
  69. Sweat the Details of a Proposed Deal
  70. Chapter 10 Intervening to Help Write the Rates
  71. Introduction
  72. Understanding Rate Proceedings
  73. To Succeed, Don’t Go It Alone
  74. Section IV: Competitive Retail Power Procurement
  75. Chapter 11 Buying from Competing Electricity Suppliers
  76. Introduction
  77. Historical Background
  78. How the Purchasing Process Works
  79. Preparing for Retail Power Procurement
  80. Chapter 12 Options for Competitive Supply Pricing
  81. Price Content and Structure
  82. Common Types of Power Products
  83. Chapter 13 Managing Competitive Power Procurement
  84. Finding and Choosing Retail Power Suppliers
  85. RFI Content
  86. Price Discovery Methods and Tools
  87. RFP Content
  88. Chapter 14 Ways to Save Money and/or Increase Value
  89. Chapter 15 Negotiating/Improving a Supply Contract
  90. How to Improve a Contract
  91. Post Bid Options
  92. Appendices
  93. Glossary of Tariff and Energy Procurement Terms
  94. Index

Author: Lindsay Audin

e-ISBN: 9788770223386