In real-estate, it’s location, location, location. In today’s evolving digital power grid, location certainly matters – but so does time.
The cost to deliver power to specific locations throughout the day varies with time. Regulators, however, have been reluctant to allow this marginal cost differential to be incorporated into rates that residential and commercial/industrial customers pay. Instead, rates have been structured according to an average of costs across the operating day. This presentation will look at two different rate structures that support new concepts in compensating Solar + Storage systems for the benefits that time shifting can deliver to a dynamic evolving grid.