RateRunner 2017-06-16T16:52:18+00:00

RATERUNNER

The change in the utility regulatory environment is toward rate and revenue models that align economic and environmental objectives with reliability of service and profitability of the utility. Historical volumetric rate structures are, in ways, in conflict with the new rate paradigm and regulatory authorities are encouraging a transformation to a more transactive service platform. During this period of transformation utilities will be required to frequently evaluate new cost of service models and new revenue models to determine optimum rate structures.

IMPACT ANALYSIS

The PowerRunner RateRunner solution used in conjunction with ForRunner and RevRunner create a powerful rate and revenue modeling engine that allows analysts to project future rate costs to consumers and resulting revenues to the utility.

Building upon the asset level load, generation and revenue data in PREP, the RateRunner modeling functionality allows evaluation of how different rate structures impact specific rate classes. ForRunner forecasting is applied to new rates and revenue models to project how these changes will impact future earnings and bridge this rate structure paradigm shift.

RateRunner provides an intuitive modeling platform that analyzes cost of service and revenue charges to historical and forecasted load and generation assets to determine future costs to customers and revenues to the utility.

With the application of ForRunner and RateRunner, transactive energy revenues are forecasted and settled from DER assets and other micro transactions.

RateRunner Business Solutions

Rate Analytics

Detailed analysis of how new rates shift the fixed cost of capital investments and O&M expenses to rate payers requires a granular analysis. RateRunner provides utilities with detailed assessment of revenues vs. cost of service by asset groupings, like rate class, location, NAICS or other defined characteristics, to evaluate the impact of new rate programs on company revenues and cost of service to all rate payers.

Revenue Model Analysis

As the utility revenue model begins to evolve new transactive energy revenues will become a significant revenue source for utilities. Analyzing and cost to manage these micro transactions and recover the appropriate cost of service requires detailed analysis of future costs and benefits related to avoided resource investments, reliability and environmental impacts.