Assist the Commission in understanding the lessons learned from other jurisdictions that have implemented TOU rates for the residential class that include supply. This shall include a review of the educational strategies, methods and approaches employed in these jurisdictions to help customers understand TOU rates. The winning bidder will be expected to submit a report of lessons learned to the Commission by March 28, 2025. Assist the Commission in identifying and quantifying the benefits and risks for customers, suppliers and the electric grid that may be associated with opt in, opt out or mandatory TOU rates. Conduct quantitative and qualitative analyses of the peak/off peak differential in the time of use rate and how it will impact customer acceptance. Develop models or other approaches to help predict the bidding behavior of suppliers that bid in the Commission’s annual RFP for residential standard offer supply assuming the RFP requires a bid that includes TOU rates. In particular, the Commission has a strong interest in maintaining healthy competition in this process. The modeling and analysis will be delivered in a report to the Commission no later than March 28, 2025.
