Journal
IEEE POWER & ENERGY MAGAZINE
Volume 18, Issue 3, Pages 18-25Publisher
IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
DOI: 10.1109/MPE.2020.2972136
Keywords
Tariffs; Electricity supply industry; Pricing; Power system economics; Power generation; Energy management
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Today, most american residential customers pay for electric service via tariffs that are structured as two-part rates consisting of a fixed monthly charge and a volumetric energy charge expressed in U.S. dollars per kilowatt-hour. The fixed-charge component generally comprises a small portion of the bill, which is dominated by the volumetric charge.
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