Open cpaulgilman opened 4 years ago
While I was looking for resources on real time prices and net metering, I found this resource from ComEd on what happens if you switch from net metering to real time prices: https://hourlypricing.comed.com/faqs/ Could be useful when we address this issue.
Reopening based on 2025 AOP
Electricity bill calculations calculate bill savings by subtracting a "with system" bill from a "without system" bill. Both bills are calculated using the same rate structure. In rate switching the "with system" bill uses a different rate structure than the "without system" bill. For example, a residence might pay energy charges based on a flat rate, but qualify for TOU rates after a PV system is installed.
The Value of RE macro calculates the electricity bill and NPV for a rate switching scenario, but several users have requested that rate switching be available with a regular simulation.
This would require that the bill calculator have inputs for two rate schedules and that the user interface allow for two separate sets of electricity rate inputs.