Real Time Pricing (RTP)

 

 

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Real Time Pricing (RTP)

 

Engineering glossary

 

Metering

 

Definition of real time pricing (rtp)

 

The instantaneous pricing of electricity based on the cost of electricity available for use at the time the electricity is demanded by the customer

 

Source : http://www.utilityami.org/docs/Utility%20AMI%20Glossary_Compiled_041306.xls

link: http://www.utilityami.org/

Second source: NREL Advanced Metering Glossary

Author : not indicated on the source document of the above text

 

Engineering glossary

 

Engineering glossary index of terms

 

 

Definition and meaning of real time pricing (rtp)

 

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