Effective Date/ Future Tariff - Landis+Gyr E470 User Manual

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7.6

Effective Date/ Future Tariff

7.7 Daily Resolved Block Tariffs
© Landis+Gyr
Issue: 1.8
The meter will be capable of holding a second [deferred] set of tariff data
with a future activation date. Activation date will include day, month, and
year.
When the activation date applied to the future tariff is reached the future
tariff will overwrite the present active tariff. The meter will use the new
values from 00:00 on the activation date. A second Standing Charge Value
may be a component of this deferred tariff data.
A future tariff may me sent to the meter in conjunction with a payment
message.
A Daily Resolved Block Tariff is block tariff that is applied on a daily basis.
By resolving the block tariff daily the user does not receive a particular
charge for kWh consumption at the beginning of the month (normally
higher) followed by different pricing later, prices are in effect spread daily
and costs smoothed throughout the billing period. As the usage during the
billing period will vary, the meter will perform a daily reconciliation to ensure
the correct amount of charge is made according to the set pricing blocks.
The Daily Block Tariff Threshold for each block will be calculated by
dividing the Block Tariff Threshold by the number of days in the Billing
Period.
Block 1
At 00:00 the meter will reset and use Block 1 pricing to calculate costs from
the kWh usage. The meter will continue to calculate with Block 1 pricing
until consumption reaches the first Daily Block Tariff Threshold. When the
days consumption becomes greater than the first block tariff threshold the
meter will move to Block 2 pricing. The meter will continue to move forward
in blocks until block 4 is reached; the meter will remain in this block until a
midnight reset.
The meter will operate in a similar manner when moving between ToU
rates and the configured pricing. [tbd: Register from which usage is defined]
Block 2
Block 3
Daily Block Tariff Thresholds
Tariff Features
Block4
Daily Consumption
kWh
E470 Tokenless Smart Prepayment Meter