<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1941600816167938&amp;ev=PageView&amp;noscript=1">

BLOG

Time-of-Use Pricing Catches On

California has led the way in implementing new time-of-use (TOU) rate schedules, which adjust per-kWh rates for electricity based on periods of peak demand. By 2020, California’s largest utilities will roll out the first system-wide default TOU rates to their millions of residential customers.

Solar at the Tipping Point

Solar is on fire, so to speak. According to a J. D. Power Utilities Industry Outlook report“Solar megawatt capacity soared 24% in 2017 and grew another 8% in the first 9 months of 2018.” Since 2001, total solar generation worldwide has grown by 50% annually.

The Whole Enchilada

FREE CFL’s! Scratch that. FREE LED’s! Scratch that. FREE...smart thermostats? Etc., etc., etc. Engage the customer with enticing free energy efficiency products, reminding them that they will SAVE ENERGY and SAVE MONEY. Boom. Your job is done, right? Enter smart grid optimization. Enter a new world where customers are becoming part of the process, not just as benefactors but rather engaged decision makers. 

Beyond Net Metering: What's Next?

Net metering has created some issues in terms of compensation for distributed solar. Under net energy metering, utilities compensate solar owners at the same retail rate for power sent to the grid as the customers pay for the electricity they consume. It has been almost too successful, utilities say, as it allows customers with solar arrays to dramatically reduce their bills, shifting the burden of infrastructure costs to the remaining customers.

The New Wave of Rate Design

Traditional utility-decreed regulation-controlled rates may soon be an anachronism. Rate-making services are shifting toward a more customer-centric approach, placing a higher value on customer demand. Even more radical yet, but further down the pipeline, are subscription-based electricity services packages, modeled on companies like Amazon and Netflix.

THE FOREFRONT OF INNOVATION

Want to stay abreast of regulatory updates, inspiring innovations and thought leadership related to grid optimization? Welcome to our blog, where Franklin Energy’s experts come to delve into everything you need to know to stay at the top of your game in our ever-changing environment.

Subscribe to Email Updates

Recent Posts