Rate design impacts everything from the utility’s finances to customer education and satisfaction. Sound rate design doesn’t just make financial statements “look good;” it forms the cornerstone upon which your goals and mission can be accomplished.
Our Rates team has a wealth of experience and understanding of the utility industry. The experience, expertise, and connectedness of our consultants allow us to take on any challenge that comes our way.
PSE can help you navigate a changing industry to develop sustainable and effective rates that support your objectives, including:
Electric Vehicle Rates
PSE can help develop financially sustainable rates that will encourage EV charging, whether that be at home, at work or through public charging. Each type of charging has different impacts on a utility’s cost structure. Our team has developed an EV rate strategy that includes Time-of-Use and Off-Peak controlled rates for home charging and Time-of-Day or On Peak Demand rates for commercial charging, amongst others. Let our forward-thinking professionals help you develop an EV rate strategy that meets your objectives.
Residential Rate Design
As the face of the electric utility industry continues to change with customer engagement, renewable energy, and the onset of electric vehicles, residential rate design becomes ever more important. A rate group that was once very homogenous, can now have a very diverse load profile with a very different cost structure. Using AMI hourly data, PSE can provide you with multiple rate designs including standard two-part rates, Time-of-Use Energy or Demand rates and be able to discuss the pros and cons of each rate design to help you make the right decision.