Hedge Cover - Rate Schedule and Rate Components

Create a Rate Schedule for your rate.

For the rate components, let's assume the charges are as follows:

• A bill line with the charges for the hedge cover at the strike price
• A bill line showing the measured usage over the hedge cover at the market price
• A bill line showing the measured usage under the hedge cover at the market price

Note that this rate may contain other charges that are not illustrated here.

The above line items require algorithms to perform the interval pricing calculations. The product is shipped with the RCIPRS algorithm type, which applies an interval pricing curve to an interval profile curve assuming that the interval size is the same.