I am having a hard time to understand the periodic payment. The spec doesn't say much i.e. how it works? When does the broker get this payment?

Can anyone help me to understand this, please? For example: what is the difference between these two tariffs? I understand the Time Variable Part i.e. the customers have to pay that price per KW if they use energy at those specific hours. But how the customers pay the Periodic payment?

Tariff1:
Periodic Payment: -35.16433476018463
Time Variable Rate:
Begin 0-End 12, Cost: -16.46018850935719
Begin 13-End 23, Cost: -26.46018850935719

Tariff2:
Time Variable Rate:
Begin 0-End 12, Cost: -16.46018850935719
Begin 13-End 23, Cost: -26.46018850935719

The periodic payment is also known as a fixed charge. I don't have access to the spec right now, but I believe the tariff gives the daily charge. The numbers in your example sound really high.

John

On Fri, Jun 29, 2018, 03:40 Porag [via Power TAC Developers] <[hidden email]> wrote:

Hello

I am having a hard time to understand the periodic payment. The spec doesn't say much i.e. how it works? When does the broker get this payment?

Can anyone help me to understand this, please? What is the difference between these two tariffs?

Tariff1:
Periodic Payment: -35.16433476018463
Time Variable Rate:
Begin 0-End 12, Cost: -16.46018850935719
Begin 13-End 23, Cost: -26.46018850935719

Tariff2:
Time Variable Rate:
Begin 0-End 12, Cost: -16.46018850935719
Begin 13-End 23, Cost: -26.46018850935719

Thanks in advance

If you reply to this email, your message will be added to the discussion below:

Sorry. I multiplied the prices by 100. Here is the tariff:

Tariff1:
Periodic Payment: -0.3516433476018463
Time Variable Rate:
Begin 0-End 12, Cost1: -0.1646018850935719
Begin 13-End 23, Cost2: -0.2646018850935719

I understand that Cost1 and Cost2 are perKhW prices i.e. if the customer uses 100KhW per hour it will be paying (Cost1*100+Cost2*100) per day. Then what about the periodic payment? How much will the customer pay?