There is growing interest among regulators and customer advocates to move from one-size-fits-all ratemaking to offering customers choice and control.
There is growing evidence from pilots that customers can benefit from buying electricity under pricing plans. The Electric Power Research Institute (EPRI) is collaborating with key industry stakeholders to develop a system for characterizing and comparing retail electric pricing plans.
The EPRI rate structures report provides descriptions needed to bring all stakeholders onto the same page, as well as provide educational materials for newer utility personnel. This is a starting point for meaningful dialogue among all stakeholders, especially electricity consumers, about how to design portfolios of pricing structures that accommodate diverse consumer needs in ways that improve the use of available supply resources and help direct the development of new ones.