OTEA – Simulator

Simulate the electricity bill of each of your facilities

Analyze the costs of your electricity bill so you can optimize them with OTEA. Register your supplies to estimate and analyze how much you spend, and detect savings opportunities and possible errors in the bill your retailer sends you.

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FEATURES

Get ahead of your electricity bill with data

OTEA’s bill simulator calculates your costs before the bill arrives, so you can detect deviations and optimize your energy spending.

Get ahead of the retailer

You decide, OTEA simulates. Get the electricity bill cost of your facilities regularly, according to the billing period you choose.

Compare bills

Download the data generated by the simulator and compare it with what the retailer sends to detect deviations or errors in billing.

Get information on indexed tariffs

OTEA’s bill simulator performs calculations on indexed tariffs, variable tariffs that take into account factors such as capacity payments, technical constraints, OS financing or balancing services.

The power of data

Use the different features that OTEA’s bill simulator offers to optimize your costs, taking into account penalties and contracted power.

process

How the simulator works, step by step

STEP 1

Register your electricity supplies in OTEA

Configure your electricity supplies and pricing schemes to estimate the costs of your electricity bill. You’ll need to register information about your meter, such as which facility it belongs to, the CUPS or the adjustment factors. We’ll also ask you for information about your contract so the simulation matches reality as closely as possible.

TYPE OF INFORMATION ABOUT YOUR CONTRACTS

Contract term
Tariff
Billing frequency
Contracted power by period
Retailer
Distributor

Step 2

Estimate your electricity costs and compare them

Use the calculated-cost comparator to estimate and analyze your electricity costs. You’ll also be able to compare different billing periods or simulate how much the electricity bill would cost you for different types of cost.

TYPES OF COST AVAILABLE IN THE COMPARATOR

Indexed cost
Capacitive penalty cost
Energy term cost
Power term cost
Reactive term cost
Total cost
Power excess

Step 3

Simulate your electricity bills

Simulate bills with OTEA to analyze electricity costs using the data and prices stored in the platform’s database. You’ll be able to select different time intervals and calculate them by choosing a supply or by electricity retailer.

DATA YOU’LL FIND IN THE SIMULATED BILL

Costs → Cost breakdown, terms by tariff period, penalties and historical data
Power analysis → Contracted power, power-excess records and historical data
Reactive energy analysis → Active energy vs reactive energy in penalizable periods and historical data

Step 4

Optimize your electricity costs

Make the most of all the information you’ll find in OTEA’s bill simulator and start optimizing your bill. Review the simulated amounts, the contracted-power excesses or download tables with the cost breakdowns to add them to your reports.

FOR YOUR TEAM

OTEA for energy and finance departments

A tool to simulate and break down the costs of your electricity bill. OTEA’s features help energy and finance departments forecast their energy costs and check that retailers are issuing electricity bills correctly.

Take advantage of the information OTEA offers so your finance team can get ahead and forecast payments for electricity costs before the bill is issued.

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