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Salesforce Exam Energy and Utilities Cloud Topic 2 Question 8 Discussion

Actual exam question for Salesforce's Energy and Utilities Cloud exam
Question #: 8
Topic #: 2
[All Energy and Utilities Cloud Questions]

An energy company wants to calculate the estimated monthly amount a customer needs to pay.

How can a consultant configure Energy and Utilities Cloud CPQ to calculate monthly commodity pricing?

Show Suggested Answer Hide Answer
Suggested Answer: D

To calculate the estimated monthly amount a customer needs to pay for their commodity usage, configuring Energy and Utilities Cloud CPQ to use usage-based pricing is the most appropriate approach. This method allows for the calculation of charges based on the actual consumption of the commodity, which can vary from month to month. Usage-based pricing provides the flexibility to accurately reflect a customer's consumption patterns in their billing, offering a transparent and fair pricing model that aligns with the variable nature of commodity usage. Reference = Salesforce Industries CPQ documentation details how to configure and use usage-based pricing, emphasizing its suitability for industries where consumption can vary significantly, such as energy and utilities: https://help.salesforce.com/articleView?id=cpq_usage_based_pricing.htm&type=5


by Heike at May 09, 2024, 04:42 PM

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Annmarie
1 years ago
D) Using usage price is the way to go. Keeps things fair and transparent - the customer only pays for what they use. Though I'm sure the energy company would prefer option A) to maximize profits.
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Lettie
11 months ago
D) Using usage price seems like the most transparent option for both the customer and the energy company. It ensures that the customer only pays for what they use.
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Mel
12 months ago
C) Using a subscription pricing plan could provide a stable monthly amount for the customer, but it may not accurately reflect their actual usage.
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Marsha
1 years ago
A) Using onetime price would definitely benefit the energy company, but it may not be the most fair option for the customer.
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Delila
1 years ago
Good points. I'm leaning towards the recurring price option as well. Definitely B for simplicity.
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Suzi
1 years ago
I'm gonna have to go with B) here. Gotta keep that energy bill predictable, you know? Don't want any surprises when it comes to my monthly electricity payment.
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Tyisha
1 years ago
C) Using a subscription pricing plan? What is this, a gym membership? Let's keep it practical, folks.
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Aleisha
12 months ago
C) It simplifies the billing process for both the customer and the energy company.
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Willodean
12 months ago
B) It's like a monthly membership fee, but for energy usage.
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Elvis
1 years ago
A) Using a subscription pricing plan allows for consistent monthly payments based on usage.
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Gwenn
1 years ago
Subscription pricing sounds a bit complex for just a monthly estimate. Monthly recurring price feels right.
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Kimbery
1 years ago
I considered that too, but what about C, using a subscription pricing plan? It could be relevant for monthly calculations.
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Tasia
1 years ago
D) Using usage price seems more accurate, especially for energy companies where consumption can vary greatly month-to-month.
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Eura
1 years ago
I think B) Using monthly recurring price is the way to go. Keeps things simple and straightforward for the customer.
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Rashida
1 years ago
Definitely a win-win situation for everyone involved.
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Gabriele
1 years ago
And it's convenient for both the customer and the energy company.
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Junita
1 years ago
Plus, it provides a predictable cost each month.
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Harrison
1 years ago
It makes it easier for customers to budget their monthly expenses.
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Micaela
1 years ago
I agree, B) Using monthly recurring price is definitely the best option.
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Shenika
1 years ago
I'm thinking the answer is B, using monthly recurring price. Makes the most sense to me.
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Gwenn
1 years ago
Feels straightforward. Monthly commodity pricing seems like a basic need for any energy company.
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Delila
1 years ago
What do you think about the question on estimating the monthly amount?
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