Elevation Charges - Rate Schedule and Rate Components

You will create two rate schedules - one for rate X, the other for rate Y. Rate X will have a rate component that references the rate X elevation bill factor. Rate Y will have a rate component that references the rate Y elevation bill factor.

Note:

Alternatives. The design of the system would allow you to create a single rate rather than two rates. How? In the single rate you would have two rate components referencing the two elevation bill factors. You would indicate that both bill factors are contingent on the presence of a contract rider by turning on the bill factors' contract rider flags. When you set up a service agreement for a customer, you would create a contract rider referencing the necessary bill factor. We don't recommend this approach because you are not accurately reflecting your actual rates with corresponding rates in the system. We showed this approach to provide an alternative way of thinking about your rates.