Most utility rates are set with without a true understanding of customers actual cost to serve
An effective pricing model motivates behavior in a fair and equitable way across all customer segments. As the market evolves, utility rate structures will undoubtedly need to change. Determining when and by how much will depend on what we know about our customers- their energy patterns and drivers.
Innowatts’ tools help evaluate the effects of different rate configurations on your organizational objectives and help optimize your rate structures for the future market. By rapidly mapping your current rate structures against our disaggregated cost models, we quickly identify customers that may be on a suboptimal rate, thereby leading to a negative downstream experience. We also help identify areas where proposed changes in rate structure may yield unintended consequences.
Innowatts helps utilities, regulators and stakeholders design the optimal structure for their future environment and provides the intelligence necessary to course correct as conditions change.