We put one fix out on Monday to address some of the delays. There will be another fix later this week to deal with when we get adders from ERCOT at a later time than the 5 minute interval.
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Are you going to fix the Ancillary Services so they are actually charged in 15 min increments and not on your average daily usage?
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That’s where I’m at on all this. I want to know exactly how charges are calculated (and charges assessed). I think meters might be read every 15m and then they can obviously see total usage from point A to point B (i.e. one day) ... so...
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Replying to @subq @smracer95 and
Do they have a settlement price every 15m that they use to charge based on a snapshot of what is being used? Do they take total usage times a certain rate? How is that certain rate calculated if the above is even how it’s done?
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You are right, we charge your 15-minute usage at the 15-minute energy rate.
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Wait, so how does that work? If electricity is $3 for 5 min and we use 1 kwh, then 2c for the next 10 minutes and we use 10 kwh per EA 5 min (not real numbers)... Do we get charged for 21 kwh at that 15min average? Roughly $1.01/kwh?
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That is correct. Since usage data only comes from the meter in 15-minute intervals, we can only charge based on the 15-minute price.
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So now matter how vigilant we are with our usage during demand? The data you give us is basically bullshit since we're gonna get boned on those charges anyway? Not as bad, but.... That's really shitty.
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The price of electricity has the ability to change every 5-minutes but we get the data from your meter in 15-minute intervals. If we could get 5-minute usage data, we would bill you based on that, but 15-minute data is all the utilities are able to provide.
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I’m fine with that. What I like to see in addition to just a real time dial is the settlement rate that was charged.
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Thanks for the feedback!
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