Hours-Based Electric Rate

Warning:

If your organization does not sell electric service (or if you do and don't use hour-based steps) you might want to skip this example as it involves understanding a fairly complex electric concept - kWh / kw = hours.

The following table illustrates the rate components necessary to levy a rate that contains the following charges:

Monthly service charge: $10.00.
First 10 hours of use at $0.0673 per kWh.
Remaining hours of use at $0.032 per kWh.
State Tax at the prevailing rate (this tax is a percentage of a dollar value).
County Use Tax at the prevailing rate (this tax is an amount per kilowatt-hour).


Seq #	RC Type	Value Type	Value	Bill Factor	Item Type	UOM/TOU/SQI	Step Range	Cross Reference	Calc Only	Result Type
10	Flat Charge	Charge	10.00						N
20	Service Quantity	Unit Rate	1.0			KW			Y	Unit Rate
30	Service Quantity	Unit Rate	0.0673			KWH	0 to 10 Multiply by RC: 20		N
40	Service Quantity	Unit Rate	0.032			KWH	10 to 99999999 Multiply by RC: 20		N
50	Summary							30, 40	N
60	Apply To	Percent		STTAX				10, 30, 40	N
70	Apply To	Unit Rate		COUNTYTAX				30, 40	N