 | | | | Rate Comparisons and Competitive Assessments |
| | While it is important to set rates that ensure financial viability, it is also important to ensure that the customers’ perception is that the rates are fair and equitable. A customer’s perception of fair rates will often come from the rates of neighboring utilities. With this in mind, Power System Engineering, Inc. (PSE) has prepared a number of rate comparison studies for our clients, including: |
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- Comparing “typical” customer bills under rate schedules available from neighboring utilities.
- Comparing specific customer monthly and annual bills (rate comparisons).
- Preparing internal rate comparisons when a customer could qualify for more than one rate at your utility (best rate analysis).
- Comparing the utility’s average billed rate for various customer classes with average costs in the state, region, and nation.
- Developing rate offers, special incentives, and terms of service in competitive situations.
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