UtilityAI Data Points: Adapting Utility Rates to Reflect a Two-Way Exchange of Value and Services

With the proliferation of distributed energy resources, adapting rates to reflect a two way exchange of value and services between utilities
and customers has become essential.

Last year, more than 150 rate design policy initiatives were introduced to address new time of use and time varying rate structures, electric vehicle
charging and distributed energy resources.

More granular rate designs give customers price signals to adjust their behavior to be more in line with changing grid demands.

Understanding energy usage at the household level makes it possible to design granular, customer-centric rates that more effectively manage the adoption of new technologies and equitably charge customers.

AI-powered rate designs deliver more flexible and accurate rate types, rate classes and more.