1 / 13

TIME OF USE RATES AT THE UNITED ILLUMINATING COMPANY

TIME OF USE RATES AT THE UNITED ILLUMINATING COMPANY. Presented at: Connecticut’s Energy Future December 2, 2004 James D. Lundrigan Pricing Manager The United Illuminating Company. TOU Rates at UI. Objectives: Flatten the load curve

adele
Download Presentation

TIME OF USE RATES AT THE UNITED ILLUMINATING COMPANY

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TIME OF USE RATES AT THE UNITED ILLUMINATING COMPANY Presented at: Connecticut’s Energy Future December 2, 2004 James D. Lundrigan Pricing Manager The United Illuminating Company

  2. TOU Rates at UI Objectives: • Flatten the load curve • Price the product more correctly in line with the market Commercial & Industrial TOU Rates • Large Power Time of Use • General Service Time of Use Residential Time of Use Rates • Rate A • Rate RT

  3. Large Power Time of Use Time Periods: • Summer (June through September) • On Peak – 10AM – 6PM Weekdays • Shoulder – 7AM – 10AM Weekdays and 6PM – 11PM Weekdays • Off Peak – 11PM -7AM Weekdays and all weekend hours • Winter (October through May) • On Peak – 10AM – 6PM Weekdays • Shoulder – 7AM – 10AM Weekdays and 6PM – 11PM Weekdays • Off Peak – 11PM -7AM Weekdays and all weekend hours

  4. Large Power Time of Use Kilowatt-Hour Pricing: • Summer (June through September) • On Peak – 8.1¢/kWh • Shoulder – 7.9¢/kWh • Off Peak – 7.5¢/kWh • Winter (October through May) • On Peak – 6.9¢/kWh • Shoulder – 6.7¢/kWh • Off Peak – 6.5¢/kWh

  5. Large Power Time of Use Demand Pricing: • Summer (June through September) • On Peak – $11.94/kW • Shoulder Excess - $1.91/kW • Off Peak Excess - $1.44/kW • Winter (October through May) • On Peak – $10.57/kW • Shoulder Excess - $1.91/kW • Off Peak Excess - $1.44/kW

  6. General Service Time of Use Time Periods: • Summer (June through September) • On Peak – 10AM to 6 PM Weekdays • Off Peak – 6PM – 10AM Weekdays and all weekend hours • Winter (October through May) • On Peak – 10AM to 6 PM Weekdays • Off Peak – 6PM – 10AM Weekdays and all weekend hours

  7. General Service Time of Use Kilowatt-Hour Pricing: • Summer (June through September) • On Peak – 13.0¢/kWh • Off Peak – 9.1¢/kWh • Winter (October through May) • On Peak – 10.2¢/kWh • Off Peak – 7.7¢/kWh

  8. General Service Time of Use Demand Pricing: • Summer (June through September) • On Peak – $7.80/kW • Off Peak Excess - $1.42 • Winter (October through May) • On Peak – $6.52/kW • Off Peak Excess - $1.42

  9. Residential Rate A Time Periods: • Summer (May through September) • On Peak – 7AM – 11PM • Off Peak – 11PM – 7AM • Winter (October through May) • On Peak – 7AM – 11PM • Off Peak – 11PM to 7AM

  10. Residential Rate A Kilowatt-Hour Pricing: • Summer (May through September) • On Peak – 14.9¢/kWh • Off Peak – 8.8¢/kWh • Winter (October through May) • On Peak – 12.7¢/kWh • Off Peak – 7.8¢/kWh

  11. Residential Rate RT Time Periods: • Summer (June through September) • On Peak – 9AM – 8PM weekdays • Off Peak – 8PM – 9AM weekdays and all weekend hours • Winter (October through May) • On Peak – 9AM – 8PM weekdays • Off Peak – 8PM – 9AM weekdays and all weekend hours

  12. Residential Rate RT Kilowatt-Hour Pricing: • Summer (June through September) • On Peak – 19.7¢/kWh • Off Peak – 10.5¢/kWh • Winter (October through May) • On Peak – 15.0¢/kWh • Off Peak – 7.8¢/kWh

  13. How Are They Working? • Percentage of Commercial Customers on TOU Rates = 7,375/30,000 or about 24.6% • Percentage of Residential Customers on TOU Rates = 35,100/280,000 or about 12.5%

More Related