Component-Based Rates

Combining Rating Strategies

A customer's service agreements can reference both component-based and calculation rule-based rate schedules. For example, a customer could have an existing service agreement for their gas service which references a component-based rate schedule, and add a new service agreement for electric service that references a calculation rule-based rate schedule. When the system calculates the customer's bill, it processes the rate based on the type of rate associated with each service agreement. In this example, when creating the bill segment for the customer's gas service, the system will use the component-based rate engine, but when creating the bill segment for the customer's electric service; it would use the calculation rule-based rate engine.

When you set up a customer in the system, you create a service agreement for every service that the customer uses. The most important information specified on a service agreement is the rate. The rate controls:

This section describes Component-Based Rates.