BrokerX

For many customers, their utilities and the bills they receive from power providers are a bit of a black box. Some of the more informed customers, such as facility managers and building managers of larger commercial enterprises, will understand the specifics: charges for energy use, for peak demand capacity, and for time of use, but those specific rates are still set in stone in a process they don’t understand.

Customers who best understand the process that goes into their rates, though, will be the ones most poised to benefit. And in markets where competitive energy contracts are signed, brokers who can understand and explain these intricacies to their customers and potential clients will be best positioned to earn trust and business. But what makes this area harder to understand is the patchwork of different process that go into setting rates depending on the state, the regulators in a region, and the form in which a power provider takes.

As such, this latest entry into the Broker eXcelerate series aims to educate readers on the two most prominent and important methods for setting power prices: cost-of-service ratemaking vs. retail open access market rates.

https://www.brokerxapp.com/post/excelerate-series-cost-of-service-vs-retail-open-access-markets

Broker eXcelerate Series: Cost-of-Service Vs. Retail Open Access Markets For many customers, their utilities and the bills they receive from power providers are a bit of a black box. They use energy, turning on lights and powering their appliances or equipment and then they receive a bill at the end of the month. Some of the more informed customers, such as facility mana...

Who is to blame? The true causes won’t be truly and thoroughly understood until the full investigation and postmortem reports are completed. But in the wake of the unprecedented and devastating events across the Lonestar State, the important place to start is simply asking: what in the world just happened? ...Read the full article by clicking the link below.

https://www.brokerxapp.com/unpacking-what-just-happened-in-texas-winter-storms-blackouts-and-outrage