Rate Engine

The Oracle Utilities Opower Rate Engine is a computing model that relies on rate configuration data, rate plan data, and customer energy use data as its primary inputs. These inputs are then used to perform rate calculations for features like the Bill Comparison, Bill Forecast, and Data Browser Costs Graph. These features help customers make smarter choices about their energy use.

Note that the Rate Engine is not designed to be a billing-grade engine. Its purpose is to convert customer energy use values to dollar values, and to then deliver estimated cost insights and trends based on those dollar values. These insights are valuable because cost information is typically easier for customers to understand and act upon than energy use information.

The Rate Engine is set up and configured as part of a comprehensive rates modeling process conducted by your Oracle Utilities Delivery Team. See Rates Modeling for details.

Add-On Features

The Rate Engine Plus is an enhanced version of the standard Rate Engine that can be purchased as an optional add-on to Rates Engagement. See Rate Engine Plus for more information.