Modern Rates, Built Right.
Develop and evaluate next-generation tariff structures and pricing strategies that incentivize customer behavior, support grid reliability goals and lead to the adoption of clean energy technologies.
Capabilities
Craft a strong foundation for building modern rates.
Create a single source-of-truth for rate calculations using CIS data, automating previously time-consuming manual data validation efforts.
Understand potential bill impacts of new rate designs for customer segments, with detailed line-item level analysis.
Create and model new rates that reduce peak demand and strength grid reliability.
Quickly iterate on new tariffs by copying over existing ones and adjusting criteria to meet new requirements.
Media
The Digital Transformation of Utility Ratemaking
The way rates are designed, implemented and billed needs a new dynamic and scalable approach.
Benefits
Tariff Modeling, Expertly Managed.
Easily design any rate or tariff structure imaginable, including Time-of-Use (TOU), real-time pricing, and dynamic rates.
Leverage smart meter data to instantly model proposed rates and analyze their impact on individual customers (up to 5 accounts at a time) and their bills.
Changes to the model are instantly reflected in accounts so users can quickly see the impact and make adjustments as needed.
MEDIA
GridX Design Resources
Blog
The Case for Digitized Rates in a Rapidly Evolving Energy Landscape
Read Part 1 of Blog Series: The Digital Transformation of Utility Ratemaking
Blog
Breaking Down Silos – How Digitized Rates Streamline Operations
Read Part 2 of the Blog Series: The Digital Transformation of Utility Ratemaking
Blog
Rate Experiences that Successfully Drive Adoption
Communicating the change and impact of using energy at different times of the day is critical.
Get rates right from the very beginning.
Unlike traditional methods that rely on manual spreadsheets and disconnected data, GridX Design offers a single, cloud-native platform for designing, modeling, and analyzing rates. Integrated real-time feedback based on smart meter data provides unparalleled accuracy and speed, allowing utilities to iterate and deploy complex rates with confidence.
It’s time for a demo.
Let’s talk.
