Load Shifting Under Voluntary Residential Time-of-Use Rates
AbstractTime-of-use (TOU) pricing has emerged in recent years as a popular rate program, offering utilities both a more efficient pricing mechanism and a tool for load management. Initial experiments with TOUpricing were generally designed to provide evidence on customer response to mandatory TOU rates, while residential TOU rates are currently being applied on a voluntary basis. In this paper evidence is provided on customer response in Pacific Gas and Electric's voluntary TOUrate experiment. Comparing the results to those obtained in earlier mandatory experiments, volunteers are found to have a greater ability to shift usage in response to TOUrates than comparable customers on mandatory rates.
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Bibliographic InfoArticle provided by International Association for Energy Economics in its journal The Energy Journal.
Volume (Year): Volume 10 (1989)
Issue (Month): Number 4 ()
Other versions of this item:
- Herriges, Joseph A. & Caves, Douglas W. & Kuester, K. A., 1989. "Load Shifting Under Voluntary Residential Time-Of-Use Rates," Staff General Research Papers 10791, Iowa State University, Department of Economics.
- F0 - International Economics - - General
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- Rob Lawson & Paul Thorsnes & John Williams, 2011. "Consumer Response to Time Varying Prices for Electricity," Working Papers 1116, University of Otago, Department of Economics, revised Dec 2011.
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- Herriges, Joseph A. & Baladi, S. & Sweeney, T., 1998. "Residential Response to Voluntary Time-Of-Use Electricity Rates," Staff General Research Papers 1233, Iowa State University, Department of Economics.
- Ericson, Torgeir, 2011. "Households' self-selection of dynamic electricity tariffs," Applied Energy, Elsevier, vol. 88(7), pages 2541-2547, July.
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