Abstract
Future electric rate structures are critical to thermal energy storage (TES) technologies that are specifically designed to take advantage of electric energy costs that vary depending on the magnitude, duration, and timing of power demand (e.g., cool storage). In fact, rate structure characteristics may affect the TES system design and operating approach as well as economic feasibility. The objective of this study, conducted by the Pacific Northwest Laboratory for the US Department of Energy, was to define reference electric utility rate structures to be used in technical assessments of TES technologies. Electric rate structures were characterized for residential, commercial and industrial sectors. A range of conditions for several alternative rate structures was identified for each sector to capture the variability of likely conditions. Individual rate structure characteristics include demand charges and energy charges applicable during different months of the year, days of the week, and hours of the day. 7 refs., 21 tabs.
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