Running a Cost Analysis

The Cost Analysis makes it easy to compare two different scenarios: 1) Status Quo (in the left column) defined by your customer account settings, and 2) What-If defined by altering one or more characteristics of either the tariff or usage data that drive the calculation. If you're looking for other analyses and managed services from Genability, email us.

The resulting calculation(s) can be organized as you like; by month, by charge type, by unbundled rate and exported for additional analysis. The side-by-side results allow you to easily see what rates drive cost changes.

Status Quo Scenario

Using your customer's tariff, tariff elections and usage data, the left column calculates the status quo scenario. All of your What-if scenarios in the right column will be compared to your status quo scenario. To change the settings for your status quo scenario, visit the summary tab.

By default, the cost analysis page starts with a calculation covering the most recent full month in your customer's usage profile. All dates in the date range are treated as the first minute of the day in the customer's time zone. Thus to run a calculation for the month of May, the date range would be from 05/01 through 06/01 to include all the usage for 5/31.

Calculation Summary

The quick view of the calculation that rolls up all the charges in the date range by charge type:

Total - All of the charges for the time period

Contracted - All of the charges that are eligible to be replaced by a competitive electric supplier (deregulated markets only)

Fixed - Charges that are levied regardless of usage, usually meter charges

Demand - Charges measured in kW

Consumption - Charges measured in kWh

Other - All charges that are neither Fixed, Demand or Consumption such as kVAR

Line Items

Directly below the summary are the individual line items that comprise the summary values listed above. Within the line items you can see the smallest calculated component of every bill, down to the kWh usage within a 1 hour period for tariffs with hourly charges.

To make all this detail manageable, we organize the line items in a hierarchical structure that aims to reproduce the groupings you would see on a utility bill. (1)Rates are organized into (2)rate groups, with each (3) distinct date range of the calculation given it's own line item.

What-if Scenarios

The left column allows you to quickly run what-if scenarios for the same date range as the status quo scenario. Initially all of the scenario settings are identical to the status quo settings and can be returned to their original settings by reloading the page.

Change Tariff

A list of available tariffs for your customer's zip code and customer class are provided for comparison. One item to note is that within the tool you can currently model a what-if scenario that is disallowed by the utility, (e.g. putting a 40-story office building on a small commercial tariff).

Change Tariff Elections

Depending on the tariff, there may be tariff elections that can significantly alter your pricing. You can always see more information about each tariff election by clicking on the ?.

Change Contracted Rate

If your customer operates in a territory with a deregulated electricity market, you can record your customer's contracted rate as either a per kWh rate or a Discount (e.g. 95 for a 5% discount on the price-to-compare). If you have additional tiers, you can enter additional tiers by clicking + next to the contracted rate

Change Usage

You can choose an alternate usage profile from the drop-down list. To make a load profile available for use in cost analysis, you must attach the load profile to the account.

However, if you want to model a more fundamental change to the status quo scenario, you can increase or shed load. Enter a positive or negative percentage in the box and the kWh and kW will be adjusted by that amount. This can especially revealing where a increase/decrease in usage has a disproportionate effect on electricity costs.

Working with Solar Profiles

Remove Solar Production

Click the "-" icon to subtract solar production from your usage to answer "What will my customer pay after solar".

Add Solar Production

Click the "+" icon to add solar production to your usage to answer "What would my customer have paid without solar".

Factor

The factor allows you to adjust your solar system size within your calculation . The solar production is multiplied by the factor (1.1 for a 10% increase, 0.8 for a 20% decrease) and used in your what-if calculation.

What-if Calculation Results

Design your customer’s scenario then press “Run A Cost Analysis”. What you’ll get back is a new version of the calculation (the big numbers) and a summary of all the changes between calculations (the small numbers). Providing the result data in both views allows you to select the most important pieces of data to highlight for your customer.

For a macro view, the big numbers ($ amount/usage/$ per unit) provide a snapshot of your “after” scenario that’s easily compared with the status quo scenario on the left.

The small numbers display the difference between the two scenarios. They detail the decrease (or increase) in dollars, in kWh/kW volume and rates and their respective % changes. This view is ideal for those who want to highlight how their “after” scenario has an outsized impact on their customer’s costs (e.g. When a 5% decrease in usage leads to a 8% decrease in costs).

Solar Savings Results

The Solar Savings line-item is specific to the effects of adding solar production to a status quo scenario, specifically the money that would have spent with the utility in the absence of solar production.

The dollar amount refers to the total savings realized in the time period attributable to solar production. That savings divided by the total solar production (middle column) results in a per kWh savings that in the solar context becomes the price to beat. Use this per kWh number to determine optimal pricing and demonstrate savings to your customer. Lastly, the small numbers indicate the size of the system and how much of the customer’s usage the solar production offsets.

Running a Cost Analysis Demo

Watch this 1 minute video to get a quick overview on how to run a Cost Analysis

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