What are the key principles for effective rate design?

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Rate design is the process of setting the prices that customers pay for electricity and other energy services. It is a critical tool for energy management, as it can influence how customers use, conserve, and generate energy, as well as how utilities recover their costs, manage their resources, and support their policy goals. In this article, you will learn about the key principles for effective rate design, and how they can help you achieve a balance between efficiency, equity, and sustainability.

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