Commercial and industrial utility customers have the opportunity to use power sector innovations to reduce their energy bills and produce services for the grid. Distributed energy resources, advanced power control technologies, and smart metering can produce private benefits for these customers, but regulators need to know whether the investments will also promote the public interest: Will they reduce system costs and produce benefits for all customers? The answer depends on rate design, and unfortunately non-residential rate design is not well aligned with system needs and system value in many states.
Listen in to this RAP webinar on smart non-residential rate design and learn how revising rate design can produce benefits for customers in your state. Drawing from their recent report, Jim Lazar and Dr. Carl Linvill discuss how regulators can create price signals for utilities that:
- Reduce peak demand;
- More accurately convey system costs; and
- Give customers incentives to install self-generation, controllable loads, and storage, and to operate these resources to meet private and power system needs.
Their presentation is followed by an in-depth Q&A session.