What is Cost Plus?
Cost Plus is the cost you pay for the kW electricity (tariff) plus the profit you would like over that cost.
The availability of cost plus on the Back Office platform does not depend on the hardware you have installed. It refers to the combined cost of electricity and the profit margin you desire. Suppose you pay 15 cents per kW and aim to earn a profit of 0.05. You know that for every kW of energy, you are making .05 cents
How to set the Cost Plus setting?
To set the Cost Plus setting:
Click on the settings cog icon.
3. Click on Rates plans to the left of the screen.
4. Click on the + Rate plan
5. Give the plan a name, Select the Cost plus and the Delta amount. (amount you want to charge over what you pay for the cost of energy)
6. Click the Apply
7. To edit or delete, click on the three dots to the right of the screen, select edit and adjust the price accordingly, and click Apply.
REMINDER- When you edit a rate plan, it will edit all locations that are using this plan. If five locations use the plan then all five will be edited.