Managing Supply Rates for 2021 Budgets
Tracking how each component of your supply rate affects your overall costs can be a tedious process, but it is a necessary step to creating data-driven, explainable, and accurate budgets.
In this webinar, we discussed:
- An overview of electricity supply rate components (LMPs, block and index structures, capacity, transmission, regulatory components such as RPS and ZECs, etc.), component trends, and an outlook for 2021 supply rates
- How you should be forecasting these supply-side components into your 2021 energy budgets
- Why simply adding a percent increase to your budgets year-over-year is not an accurate way to budget electricity supply rates