Podcast
Questions and Answers
What type of pricing scheme charges the same rate for all usage during a given period of time?
What type of pricing scheme charges the same rate for all usage during a given period of time?
- Flat Rates (correct)
- Tiered Rates
- Real-time Pricing
- Time-based Rates
Which pricing scheme typically charges different prices based on blocks of usage?
Which pricing scheme typically charges different prices based on blocks of usage?
- Flat Rates
- Time-based Rates
- Tiered Rates (correct)
- Real-time Pricing
In Time-of-Use pricing, when are lower prices typically offered to consumers?
In Time-of-Use pricing, when are lower prices typically offered to consumers?
- Weekdays between 4 p.m. and 9 p.m.
- Weekdays before 4 p.m. and after 9 p.m. (correct)
- Weekends before 4 p.m. and after 9 p.m.
- Weekends between 4 p.m. and 9 p.m.
What term refers to the granularity or precision of electricity usage data recorded by the customer's meter?
What term refers to the granularity or precision of electricity usage data recorded by the customer's meter?
Which type of pricing scheme allows consumers to adjust their electricity usage based on changing prices?
Which type of pricing scheme allows consumers to adjust their electricity usage based on changing prices?
What do Time-based rate programs refer to in the context of electricity pricing?
What do Time-based rate programs refer to in the context of electricity pricing?
What is the main characteristic of Time-of-Use pricing (TOU)?
What is the main characteristic of Time-of-Use pricing (TOU)?
Real-time pricing (RTP) generally applies to which type of electricity usage?
Real-time pricing (RTP) generally applies to which type of electricity usage?
What distinguishes Variable Peak Pricing (VPP) from other pricing schemes?
What distinguishes Variable Peak Pricing (VPP) from other pricing schemes?
When does Critical Peak Pricing (CPP) lead to substantially raised electricity prices?
When does Critical Peak Pricing (CPP) lead to substantially raised electricity prices?
What allows utilities using smart meters to introduce new types of pricing programs?
What allows utilities using smart meters to introduce new types of pricing programs?
How does Variable Peak Pricing (VPP) differ from Real-time Pricing (RTP)?
How does Variable Peak Pricing (VPP) differ from Real-time Pricing (RTP)?
What is Critical Peak Pricing (CPP) primarily applicable to?
What is Critical Peak Pricing (CPP) primarily applicable to?
Which type of pricing program does NOT fall under the category of dynamic pricing?
Which type of pricing program does NOT fall under the category of dynamic pricing?
In Critical Peak Rebates (CPR), what happens to the price of electricity during critical events?
In Critical Peak Rebates (CPR), what happens to the price of electricity during critical events?
Which pricing scheme allows for variation in the time and duration of price increases based on electric grid needs?
Which pricing scheme allows for variation in the time and duration of price increases based on electric grid needs?
What distinguishes TOU tariffs from other pricing programs?
What distinguishes TOU tariffs from other pricing programs?
Whose consumption is considered in determining if a customer qualifies for Critical Peak Pricing (CPP)?
Whose consumption is considered in determining if a customer qualifies for Critical Peak Pricing (CPP)?
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