TeMix RATES™
TeMix RATES™ is an application of the TeMix technologies. It is a low-cost, complete system for coordinating investment and operations for all parties on a distribution grid.
RATES can support many tariffs (static or dynamic) such as Time-of-Use (TOU), Critical-Peak Pricing (CPP) and Real-Time Pricing (RTP). However, the power of RATES is fully realized using the Subscription Transactive Tariff (STT).
The STT’s subscription element supports customer and supplier bill stability and investment coordination. The transactive element coordinates operation of all electric devices and grid operations.
Importantly, most applications of RATES do not require regulatory or organizational changes such as the development of a centralized distribution system operator (DSO). The creation and approval of a STT for a set of customers is the first step to deploy RATES.