Energy Rate Structures: Unit Pricing and Understanding Your Bill

PDHengineer
Training overview
Professional Course
E-learning
1 hour
From 30 USD
Start dates
Online
30 USD
Start anytime!
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Course description

In Energy Rate Structures: Unit Pricing and Understanding Your Bill, you'll learn ...

  • Difference between consumption and demand
  • How to calculate monthly electric bills
  • What charges typically appear on an electric bill

Overview

Credit: 1 PDH

Length: 31 pages

An industrial facility may have multiple utility bills for each commodity that it uses, such as gas, electricity, and water. For each utility, there is a unique pricing arrangement that underpins monthly billing. Knowing the types of energy that a facility uses, and their respective rate structures are crucial to understanding energy costs and implementing an energy management program.

If energy managers understand what they are paying for energy, and how the rate structure controls the bill, then they can implement different strategies to reduce energy costs at their sites. In fact, with enough prudence, energy managers could even move to a different rate structure that is more cost effective for their place.

The target audience for this course is an energy manager who oversees operations at non-residential sites: that is, sites with industrial facilities or campuses with multiple facilities. Electricity is the main focus of this course because electrical billing tends to be the most complex of all utilities. Nevertheless, many pricing and billing approaches for electricity can easily extend to other services, such as natural gas, water, and steam.

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Who should attend?

Certificate of Completion

You will be able to immediately print a certificate of completion after passing a multiple-choice quiz consisting of 10 questions. PDH credits are not awarded until the course is completed and quiz is passed.

Training content

This course teaches the following specific knowledge and skills:

  • Distinguishing consumption vs. demand
  • Different forms of energy pricing: flat rates, block rates, seasonal pricing, time of use rates, and real-time pricing
  • Typical charges on an electrical bill: customer service, energy, demand, fuel adjustment, and tax
  • Calculate a monthly electrical bill using rate structure, consumption, and demand data
  • Comprehend the effect of power factor on an electric bill
  • Comprehend the impact of demand ratchet on an electric bill

    Costs

    This course costs $29.95 - Contact PDHengineer to learn about discounts and upcoming offers

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    About PDHengineer

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    Professional Engineers have trusted PDHengineer to provide high-quality PDH courses since 2003. A large library of PDH courses and live, interactive webinars means that engineers can find PDH course material covering all of the major engineering disciplines. Plus, all PDHengineer...


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    77070 Houston Texas

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