Efficient Energy Supply Management Strategies
Electric utilities continuously balance supply and demand by forecasting risks and adding necessary resources to reliably serve load forecasts. Aligning price signals with costs benefits customers, utilities, and the public by improving capacity utilization, providing cost-saving options, and integrating renewables. Effective time-of-use rates feature low-cost and high-cost price signals, actionable options for customers, and rate stability. Impacting decision-making processes involves engaging with stakeholders, being proactive, and striving for achievable outcomes that support clean energy opportunities.
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Presentation Transcript
Electric utilities strive to ensure that Supply = Demand at all times To do that, utilities - forecast the risk add the resources needed to reliably serve load forecasts, then recover those costs from customers. risk of insufficiently serving load at any hour, Clean Energy Opportunities for Idaho
Benefits of aligning price signals with costs Customers Utilities Public Improves capacity utilization Save $$$ Individually Collectively More choices for controlling costs Protects all customers from impacts of rising demand Affordable energy benefits the economy Encourages electrification Less reliance on fossil fuels benefits future generations Integrates renewables Clean Energy Opportunities for Idaho
Characteristics of Effective Time-of-Use Rates: L-O-A-D-S L L Low ow- -cost cost and high-cost price signals O Options for customers. A Actionable. Understandable. Meaningful difference in $. D Default. Opt-out has greater participation, greater benefits S Stability. Customers who invest in change need to count on rate stability. Needs to bridge customer & utility interests Clean Energy Opportunities for Idaho
How to impact the decision-making process Show up. Workshops Hearings Written comments Integrated Resource Planning Connect with stakeholders, find common ground Be proactive. Collaborate early to get supportable options on the table E.g., if you re a business interested in time varying rates in Idaho, reach out to me! Courtney@cleanenergyopportunities.com Strive to impact outcomes Don t just object ask for something doable. The easier you can make the request, the less burden you have to persuade. Don t let perfect be the enemy of progress. Respect the people & their intentions. Your concerns matter Timing matters The ask matters This moment in history matters to every future generation. Step up! 4 Clean Energy Opportunities for Idaho
