Advanced Billing Determinants: The future of complex rate structures and billing has arrived.

The days of one-rate utility billing for mass market electric, natural gas, or water utilities are coming to an end. Time of use (TOU), critical peak pricing (CPP), peak day pricing (PDP), and other advanced rates are already being implemented in some areas of the country, and these concepts have become the hot topic of billing conversation globally. Of course, central to being able to support this billing format is a robust meter reading platform and meter data repository, such as the ones offered within the Ecologic Meter Data Management System (MDMS).

The Ecologic MDMS includes virtual metering and near real time meter reading, both of which are critical ingredients to achieve TOU, CPP, PDP, or other advanced programs for utility billing.