Retail Electric Rate Design Study

For the City of Vineland, New Jersey, a member of the Firm developed a revenue requirements model for the City’s municipal electric system based on municipal charter requirements, the City’s financial structure, a short term energy forecast, working capital requirements, and projected expenditures for the electric system. The revenue requirements for each customer class was determined by an allocated cost of service analysis. In conjunction with this engagement, electric rate tariffs were redesigned and simplified. Updated revenue for each customer rate schedule was computed through the billing system and impacts on customer bills were assessed for each usage level.

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