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The Kinetiq billing system has been designed to simplify
the management of tariffs, customer contracts and the
billing process.
Tariff Structure
The Kinetiq billing system uses a component based tariff
structure. This parameter driven multi tier tariff structure
allows users to create reusable components that are
easy to set up and maintain. A simple copy function
speeds up the creation of similar new components.
The component based tariff structures support a wide
range of tariff types which allows the simple creation
and management of the following:
• Real time pricing
• Multi-commodity (electricity and gas) sales
• Maximum demand
• Stepped tariffs
• Seasonal tariff variations
• Daylight saving variations
• Co-generation billing
• Sundry sales and recurring charges
• LDC (distribution company) billing
• Third party supplier billing
• Interruptible load credits / penalties
• Multi level discounts Contract Structure
The Kinetiq system has been designed to manage the
most complex account relationships with an multi-level
structure. This allows for many combinations of customized
contracts to be aggregated and billed to single and
multiple entities.
The Kinetiq system manages a flexible relationship
between Customer - Account - Premise - Meter. The contract
structure supports unlimited numbers of meters per customer.
The contract structures may be configured to invoice
to any tier within the group while reporting specific
details to other tiers automatically. Contracts can
be set up as an Open Invoice allowing the billing process
to continue without errors, and permitting the
invoice to remain open until all the meters have been
billed.
Multi Product
The Kinetiq billing system is unit independent allowing
the billing of multiple commodities, either independently
or on the same bill.
Complex Billing
The combination of the Kinetiq Tariff and Contract structures
simplifies the management and billing of the most complex
accounts including the following difficult issues:
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Interval meters |
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Group accounts with
tens of thousands of meters and many complex tiers
in the relationships |
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Replicating and verifying
Transmission and Distribution Use of System (D/TuoS)
charges for multiple LDC’s. |
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Co-Generation or
embedded generation contracts. |
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Sub-metered (billed
and unbilled) accounts. |
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Un-metered
loads and losses.Automated Billing. |
The Kinetiq system can be configured for automated
billing in 3 ways:
Billing Cycles - contracts can be
configured to bill on target date ranges, this retains
the flexibility necessary to solve the billing issues
that will occur with complex accounts.
Receipt of Data - the arrival and
automated importing of meter data can trigger the bill
sequence for the related customer. Any bill issues that
occur are written to an audit log and reported to the
administrator.
External Trigger -The Kinetiq system
supports calls made from 3rd party systems to initiate
the billing process.
Manually Initiated Billing
Billing can be initiated manually, very simply, for
one or more accounts on a regular and/or ad-hoc basis.
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