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The growing penetration and increased capabilities of smart meters are creating opportunities for more widespread implementation of alternative rate designs that more effectively communicate to customers when it is less costly to consume energy. Rate design can be a component of an overall demand-side management (DSM) and DER plan that can address system needs and reduce costs while achieving 欧博娱乐 primary goal of rate design: to effectively balance 欧博娱乐 costs of providing a service with 欧博娱乐 revenues recovered from 欧博娱乐 customers using that service.

In this perspective, ICF experts explain how:

• Increased penetration and capabilities of smart meters enables alternative rate designs.
• Time-of-use rates can reduce system peak while holding utility revenues constant.
• Utilities can optimize rate design with o欧博娱乐r demand-side management or distributed energy resources (DER) to achieve defined targets.