Variable peak pricing

(VPP) - a hybrid of time-of-use and real-time pricing where the different periods for pricing are defined in advance (e.g., on-peak=6 hours for summer weekday afternoon; off-peak = all other hours in the summer months), but the price established for the on-peak period varies by utility and market conditions.
Related Term: 
Rate Structure
Unit of Measure: 
None
Sector: 
Commercial, Residential, Multifamily
Bedes version: 
Version 2.6
Term ID: 8e153e41-24af-4653-bd68-ae54fffe49a0

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