Defining Event Settlement Calculation Rules
You use the Event Settlement Calculation Rule portal to display and maintain event settlement calculation rules.
Refer to Understanding Event Settlement Calculation Rules and Understanding Event Settlement Calculation Groups for more information.
You can access the portal by selecting Admin, select Digital Asset Management, then select Event Settlement Calculation Rule. You are brought to a query portal with options for searching. Once your record has been selected you are brought to the maintenance portal to view and maintain the selected record.
The following zones may appear as part of the portal's Main tab page:
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Event Settlement Calculation Rule: This zone displays the event settlement calculation rule, including parameters used when executing the rule.
Event Settlement Calculation Rules
The following is a list of the event settlement calculation rules provided as part of base product. For more information on how each rule executes and can be configured, follow the link provided on the rule.
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Event Settlement Calculation Rule Name |
Purpose |
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This rule is used to calculate "kWh Avoided" event settlement transactions that represent credits that will be applied to a customer's bill based on participation in an individual event. This rule uses multiplies "kWh avoided" interval values captured on event settlement transactions by interval prices defined in an interval price set. Interval prices can be defined as specific interval price sets or can be derived from more than one interval price set by an algorithm. Note: The base package does not include algorithms for
deriving prices for use in event settlement calculations. Implementations
must configure their own algorithms if they wish to derive prices
from more than one interval price set.
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This rule is used to calculate "Combined kW Drop" event settlement transactions that represent credits that will be applied to a customer's bill based on participation in an individual event. This rule averages values captured on "kW Drop" event settlement transactions and multiplies the result by a price. Prices can be defined in the rule configuration or can be derived by an algorithm. The average "kW Drop" value (captured as the Settlement Quantity on the "Combined kW Drop" event settlement transaction) is calculated from the "Max Drop" values from the "kW Drop" event settlement transactions that fall into the "top" percentage of values defined by the Demand Drop Percentage (%) parameter. See About Event Settlement Transactions for more information about the distinction between "kW Drop" and "Combined kW Drop" event settlement transactions. Note: The base package does not include algorithms for deriving prices
for use in event settlement calculations. Implementations must configure their own
algorithms if they wish to derive prices from more than one interval price set.
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