POWER AND ENERGY MANAGEMENT
EPSIM brings nearly 20 years of experience helping Public Electric Utilities. Our services include:
- Rate study
- Utility start-up and operations
- Scheduling and trading automation
- Billing determinants and rates process automation
- JPA participation, wholesale energy procurement
- Feasibility, financial analysis
- Regulatory compliance and reports
- Load and resource planning
Large retail loads incur significant energy and demand costs. Utility rates often increase at the pace of new regulations. EPSIM works with utility customers to develop cost-reduction strategies, including:
- Peak demand reduction
- Utility cost shadow-calculation and reports
- Load monitoring, performance reports
- Distributed generation
- Feasibility Studies, cost / benefit analysis
Representative Projects
Public Electric Utilities
- New utility start-up: developed the load and resource forecasts and plans. Directed the in-house development of enterprise software for scheduling, metering, and billing. Placed the utility's first schedule, and handled resource trading while hiring and training the operations team.
- Guided the new scheduling and settlement mechanisms for two public utilities during CAISO's transition to its Market Redesign and Technology Upgrade.
- Directed the implementation of a wholesale market platform aggregator functions on behalf of ten public utilities and a Federal Agency.
- Developed Cost of Services study for an electric utility serving a community ravaged by a flood in 2013. The study informed Trustees policies on local solar development, ten-year rate forecast on a revenue basis, renewable portfolio standard, and wholesale price forecasts.
- Developed high granularity load and financial models, integrated with third-party resource models and risk analysis tools, to validate the feasibility of a municipal utility.
- Led the grass-root development of utility operation software to facilitate load forecasting, wholesale resource scheduling, meter management, retail billing, cost validation, custom reports, reconciliation, and settlements.
Customer Testimonial
" I want to emphasize again how truly informative and impressed I was with your study and presentations. The UEB has just had a Stormwater Master Plan, a Sewer Expansion Study, a Water and Sewer Rate Study and a Water and Sewer CIP so we've had a few things to compare it to. I think this will help the town make some informed decisions about its electric utility." Municipal Utility- 2017