Discussion
Match the tariff form with its defining feature.
1. Flat rate 2. Telescopic 3. Hopkinson
P. Demand charge plus energy charge Q. One price for every unit R. Rate falling with each block
Answer: C
Correct answer: 1-Q, 2-R, 3-P
Three tariff forms with three distinct structures. A flat rate charges one price for every unit however many are taken. A telescopic tariff is a declining block form, the rate falling with each successive block. And the Hopkinson tariff is the two-part form, a demand charge plus an energy charge.
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