Starting with Exercise 2 we're going to save it and give it the name “Exercise 3.” In this exercise, we're going to primarily be adding a rate structure and a rate structure schedule.
Before we enter the rate structure schedule, it's a good idea to define how much things cost on peak and how much things cost off peak. We'll start by going to libraries and rate structures. We're going to click new structure, give it the name Rapid City Power, create a new definition, and switch it to electric consumption. There is no minimum charge but instead there's a 20 dollar customer charge. Notice there's nowhere to enter the time of day schedule as that is done in a separate library. For on peak electric consumption, we have a rate of 11 cents per kilowatt hour for the first 3,000 kilowatt hours. Beyond that everything is 9 cents per kilowatt hour. We can save this, make a new definition and now keep it as electric demand on peak. It's 15 dollars with no limit and we also have an 80% minimum demand.
We've defined everything for on peak. Now we can create a new definition, make it electric consumption off peak, and enter 5 cents for the first 3,000 kilowatt hours, and 9 cents for all remaining. We click new definition. It's electric demand but it's going to be off peak. The first five kilowatts are free, so we can't enter zero in TRACE but we can enter a really small number. The cut off is 5 kilowatts. All remaining kilowatts are 5 dollars. I like to hit save in between definitions. We'll click new definition, enter gas, leave it as on peak, and enter 93 cents with no cut off. This is important to remember-- when having multiple definitions in a rate structure, and some of them are on peak and off peak, it's important to define everything for on peak and off peak, even in this case when gas is only defined at one rate. The reason is when the rate is scheduled to off peak, it will look into this rate structure and see no definition for gas. Therefore any gas used during off peak hours will be free. We create a new definition, call it gas, call it off peak, and give it the same rate. We can save this structure and it's complete.