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Rate Design & Applications
Properly designed rates are essential to a utility’s financial health. Member utilities often find that a review and adjustment of retail rates are necessary which requires the development of an application to the applicable governing body. WPPI Energy staff can perform this service as requested by members on a first come, first served basis.
Properly designed rates are essential to a utility’s financial health. Member utilities often find that a review and adjustment of retail rates are necessary every couple of years. WPPI can perform these functions as well as present to local governing bodies and apply to state regulatory commissions (if needed). An application typically includes development of a revenue requirement, cost of service analysis and rate design. This service can greatly reduce members’ costs and time commitments associated with implementing new retail electric rates.
Members are able to inform their retail customers of their electric power cost competitive standing through rate comparisons. On a quarterly basis WPPI Energy prepares a typical bill comparison of each member’s rates (for each rate class) with all of the major electric competitors in the state. In addition, WPPI Energy provides similar rate comparisons for individual customers or prospective customers whenever a specific need arises.
Retail Rates Benchmarking Report
A retail rates benchmarking report provides members with potential rate designs they may want to consider implementing for their customers. It also provides and overview of how their retail rate structure compares to the membership as a whole.