For commercial properties, the electric charge is as follows:
Quote:
Your average price for electricity will vary according to your usage and the components shown in the LSP rate formula below:
LSP Rate (in $ per KWh) = (Non-bypassable charges + LSP customer charge + LSP demand charge + LSP energy charge)/kWh used
Where:
• Non-bypassable charges shall be all TDU charges and credits for the appropriate customer class in the applicable service territory, and other charges including ERCOT administrative charges, nodal fees or surcharges, RUC capacity short charges attributable to LSP load, and applicable taxes from various taxing or regulatory authorities, multiplied by the level of kWh and kW used, where appropriate.
• LSP customer charge shall be $0.025 per kWh.
• LSP demand charge shall be $2.00 per kW, per month, for customers that have a demand meter, and $50.00 per month for customers that do not have a demand meter.
• LSP energy charge shall be the sum over the billing period of the actual hourly RTSPPs, for the customer’s load zone that is multiplied by number of kWhs the customer used during that hour and that is further multiplied by 125%.
• The minimum LSP energy charge is 4.5¢/kWh.
• RTSPP interval prices are published at Electric Reliability Council of Texas
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So, the demand charge is $2 per kW. A 1 MW demand will be a $2000 charge per month. Say you have 10 charging stations. If they are all in use at the same time, anytime per month, the business will be charged $24,000 before actual electricity is charged.