Electricity Pricing: Engineering Principles and Methodologies is a comprehensive technical resource for both new and experienced pricing professionals in the electric utility industry. It is a substantial reference for:
• Electric utility professionals
• Utility regulatory commissioners/staffs
• Commercial/industrial energy managers
• Utility consultants
• University engineering educators
Electricity Pricing consolidates and preserves valuable analytical techniques, supported by realistic examples and lessons gained through decades of experience and research. Many of these resources are not widely documented in contemporary literature. There is no other current work comprehensively addressing the engineering aspects of ratemaking.
Electricity Pricing: Engineering Principles and Methodologies is part of the Power Engineering series (CRC Press / Lee Willis, Series Editor)
Highlights
• Cost-of-service methodology – start to finish
• Rate costing models
• Coincidence factor analysis for rate costing support
• Minimum distribution system analysis for cost classification
• Rate design methodology
• Pricing methods and risk
• Electric losses models
• Graphical and formulary representations of rates
• Electric service billing
• Statistical analysis of billing data
• Mathematics of rates
• Revenue forecasting techniques
• Energy price regulation and utility restructuring
Benefits
• Technical foundation
Electricity Pricing begins with a discussion of the relevant power system engineering principles and issues associated with the process of ratemaking for electric service. Readers will gain an understanding of the technical foundation for complex electric service rates.
• Electricity pricing process
Following the technical groundwork, Electricity Pricing illustrates how analysis and design are accomplished within the framework of engineering principles to produce effective pricing structures.
• Practical application
This book goes beyond presentation of theory, emphasizing practical application. Detailed examples and procedures are presented throughout the text in addition to in-depth discussions of the underlying technical principles. Abundant visual and technical resources, including charts, tables, graphs, equations, example problems, and industry resource websites, provide a multi-faceted presentation for effective learning, reference, and application.
No other contemporary title has focused on the engineering aspect of ratemaking to such a functional level, nor do other titles provide the level of detail needed to support applications without further research. Readers will gain a take-away knowledge base that can be applied directly to actual rate analysis and design problems.
• Integration
Comprehensive coverage of key topics includes documentation of new research, uniting relevant topics that heretofore have been spread over various unassociated industry resources. Early ratemaking groundwork that shaped today’s methods and approaches is presented in the context of preset day ratemaking challenges. Electricity Pricing recaptures many of these topics that until now were only documented in currently out-of-print resources.
Author: Lawrence J. Vogt, P.E.; BS EE/MEng EE, University of Louisville