Abstract:In this paper, we present a case study aimed at determining a billing plan that ensures customer loyalty and provides a profit for the energy company, whose point of view is taken in the paper. The energy provider promotes new contracts for residential buildings, in which customers pay a fixed rate chosen in advance, based on an overall energy consumption forecast. For such a purpose, we consider a practical Bayesian framework for the calibration and validation of a computer code used to forecast the energy co… Show more
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