Time-of-use Electricity Price Effects

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Book Synopsis Time-of-use Electricity Price Effects by :

Download or read book Time-of-use Electricity Price Effects written by and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Under time-of-use rates, higher prices are charged for electricity used during those parts of the day when demand and system costs are higher, with lower charges when demand and system costs are lower. In the Ohio project, 160 customers of the Dayton Power and Light Co. (100 on a seasonal time-of-use electricity rate and 60 on the control rate) became part of an 18-month study from 6/76 through 11/77. The experimental rate schedule used two rating periods during weekdays and a single rating on weekends and holidays. Electricity-consumption patterns of customers on the TOU rate and a control group on the existing (declining block) rate showed that customers on the TOU rate used less electricity than the control group during the six-hour period of peak prices and used correspondingly more electricity during the base period of low prices. As a result of these offsetting effects, overall consumption was unaffected. Tests of hypotheses showed the peak-period decreases (ranging from 21 to 38% on a monthly basis) to be statistically significant. On the other hand, the base-period increases were not significant (at the 5% level) because of much larger customer-to-customer variation in base period usage. Other significant findings were that the diversified demand of the residential class at the time of system peak was, in the two months examined (August and September 1976), significantly lower for the experimental group. The residential class load factor based on that diversified demand was significantly higher for the experimental group during August. At the time of system peak, diversified demand was lower by 29 to 40% and the associated load factor was 135 to 161% of that under the control rate.

Time-of-use Pricing for Electricity in Ohio

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Total Pages : 50 pages
Book Rating : 4.:/5 (796 download)

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Book Synopsis Time-of-use Pricing for Electricity in Ohio by : Thomas B. Cobb

Download or read book Time-of-use Pricing for Electricity in Ohio written by Thomas B. Cobb and published by . This book was released on 1980 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Report on Electricity Pricing Policies for Ohio

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ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis A Report on Electricity Pricing Policies for Ohio by : Daniel Czamanski

Download or read book A Report on Electricity Pricing Policies for Ohio written by Daniel Czamanski and published by . This book was released on 1977 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Learning from the implementation of residential optional time of use pricing in the United States electricity industry

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Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Learning from the implementation of residential optional time of use pricing in the United States electricity industry by : Xibao Li

Download or read book Learning from the implementation of residential optional time of use pricing in the United States electricity industry written by Xibao Li and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Ohio Energy Data Report

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ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Ohio Energy Data Report by :

Download or read book Ohio Energy Data Report written by and published by . This book was released on 2000 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Time-of-day Electricity Rates for the United States

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ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Time-of-day Electricity Rates for the United States by :

Download or read book Time-of-day Electricity Rates for the United States written by and published by . This book was released on 1983 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Operations Manual for Time-of-day Rates Program Developed for The Public Utilities Commission of Ohio

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ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Operations Manual for Time-of-day Rates Program Developed for The Public Utilities Commission of Ohio by :

Download or read book Operations Manual for Time-of-day Rates Program Developed for The Public Utilities Commission of Ohio written by and published by . This book was released on 1978 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Abstracts for Policy Analysis

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ISBN 13 :
Total Pages : 538 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Energy Abstracts for Policy Analysis by :

Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1989 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Time-of-use Electricity Price Effects

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Total Pages : pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Time-of-use Electricity Price Effects by :

Download or read book Time-of-use Electricity Price Effects written by and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1975 the Federal Energy Administration, now the Department of Energy (DOE), initiated 16 rate-demonstration projects. This report summarizes a standardized analysis of data from the residential portion of six of those projects: Arizona, Connecticut, Ohio, Rhode Island, Wisconsin, and the Blue Ridge Electric Membership Corporation study of the North Carolina project. A brief description of the DOE rate-demonstration program is provided along with a statement of RTI's objectives in the analysis of TOU rate effects. The report also summarizes the individual project results, which indicate that the experimental TOU rates generally reduced both peak-period and total electricity usage on both average and peak days, since off-peak usage was usually about the same for both TOU and control customers. Analysis methods and data limitations are fully described and additional details on project specific results are given. Some qualitative conclusions and impressions about TOU rates that have been suggested by these analyses are offered.

Energy Research Abstracts

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ISBN 13 :
Total Pages : 492 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Energy Research Abstracts by :

Download or read book Energy Research Abstracts written by and published by . This book was released on 1989 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Learning from the Implementation of Residential Optional Time of Use Pricing in the U.S. Electricity Industry

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Book Synopsis Learning from the Implementation of Residential Optional Time of Use Pricing in the U.S. Electricity Industry by : Xibao Li

Download or read book Learning from the Implementation of Residential Optional Time of Use Pricing in the U.S. Electricity Industry written by Xibao Li and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Residential time-of-use (TOU) rates have been in practice in the U.S. since the 1970s. However, for institutional, political, and regulatory reasons, only a very small proportion of residential customers are actually on these schedules. In this thesis, I explore why this is the case by empirically investigating two groups of questions. (1) On the "supply" side: Do utilities choose to offer TOU rates in residential sectors on their own initiative if state commissions do not order them to do so? Since utilities have other options, what is the relationship between the TOU rate and other alternatives? To answer these questions, I survey residential tariffs offered by more than 100 major investor-owned utilities, study the impact of various factors on utilities' rate-making behavior, and examine utility revealed preferences among four rate options: seasonal rates, inverted block rates, demand charges, and TOU rates. Estimated results suggest that the scale of residential sectors and the revenue contribution from residential sectors are the only two significant factors that influence utility decisions on offering TOU rates. Technical and economic considerations are not significant statistically. This implies that the little acceptance of TOU rates is partly attributed to utilities' inadequate attention to TOU rate design. (2) On the "demand" side: For utilities offering TOU tariffs, why do only a very small proportion of residential customers choose these tariffs? What factors influence customer choices? Unlike previous studies that used individual-level experimental data, this research employs actual aggregated information from 29 utilities offering optional TOU rates. By incorporating neo-classical demand analysis into an aggregated random coefficient logit model, I investigate the impact of both price and non-price tariff characteristics and non-tariff factors on customer choice behavior. The analysis indicates that customer pure tariff preference (which captures the effect of all unincluded factors) is a crucial obstacle to the public acceptance of TOU tariffs. Besides rate levels, non-price tariff characteristics and non-tariff factors are also important in influencing customer choice. It is observed that high income home owners have very different preferences than others.

Annual Report of the National Regulatory Research Institute

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ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Annual Report of the National Regulatory Research Institute by : National Regulatory Research Institute (Ohio State University)

Download or read book Annual Report of the National Regulatory Research Institute written by National Regulatory Research Institute (Ohio State University) and published by . This book was released on 1984 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Electricity Prices in a Competitive Environment

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ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Electricity Prices in a Competitive Environment by : United States. Energy Information Administration

Download or read book Electricity Prices in a Competitive Environment written by United States. Energy Information Administration and published by . This book was released on 1997 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Time-of-use Electricity Price Effects

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Book Synopsis Time-of-use Electricity Price Effects by :

Download or read book Time-of-use Electricity Price Effects written by and published by . This book was released on 1978 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Under time-of-use rates, higher prices are charged for electricity used during those parts of the day when demand and system costs are higher, with lower charges when demand and system costs are lower. In the Arizona project, 140 voluntary households were placed on one of 28 time-of-use electricity rates between May and October 1976. These volunteers were divided into three groups distinguished by the length of the peak-rating period (3, 5, and 8 hours). A comparative analysis of 1975 and 1976 for Group I customers fairly convincingly showed that, as a group, the experimental participants reduced their electricity consumption during the three-hour peak-rating period by 7 to 16%. To a lesser extent, experimental households reduced consumption during the intermediate period and shifted some consumption to the base period. Total consumption appears to have decreased slightly. A regression analysis of data from all three groups failed to demonstrate significant elasticities (degree of responsiveness to price) for peak, intermediate, or base prices among test customers; in other words, there were no detectable price-related differences between the consumption patterns of different households that faced alternative time-of-use electricity prices. The results of the analysis are limited by the experimental and rate designs and are strictly applicable only to portions of the residential populations of Phoenix and Yuma.

Survey of Commercial/industrial Consumers on Mandatory Time-of-use Electricity Rates

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ISBN 13 :
Total Pages : 143 pages
Book Rating : 4.:/5 (461 download)

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Book Synopsis Survey of Commercial/industrial Consumers on Mandatory Time-of-use Electricity Rates by : Elrick and Lavidge

Download or read book Survey of Commercial/industrial Consumers on Mandatory Time-of-use Electricity Rates written by Elrick and Lavidge and published by . This book was released on 1980 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optional Time-of-use Prices for Electricity

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Total Pages : 33 pages
Book Rating : 4.:/5 (727 download)

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Book Synopsis Optional Time-of-use Prices for Electricity by :

Download or read book Optional Time-of-use Prices for Electricity written by and published by . This book was released on 1992 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine customers' time-of-use (TOU) demand for electricity and their choice between standard and TOU rate schedules. We specify an econometric model in which the customer's demand curves determine the customer's choice of rate schedule. We estimate the model on data from Pacific Gas & Electric Company's experiment with optional TOU prices in the residential sector. With the model, we compare the TOU consumption and price elasticities of customers who chose TOU rates with those who chose standard rates. We also estimate the impact of the TOU rates on the utility's revenues and costs. The analysis suggests that the TOU rates offered under PG & E's experiment decreased PG & E's profits and hence contributed to higher general rate levels. The model can be used, however, to design optional TOU rates that increase profits and lower general rate levels.

Electric Utility Rate Reform and Regulatory Improvement: Serial No. 94-128

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ISBN 13 :
Total Pages : 908 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Electric Utility Rate Reform and Regulatory Improvement: Serial No. 94-128 by : United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power

Download or read book Electric Utility Rate Reform and Regulatory Improvement: Serial No. 94-128 written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power and published by . This book was released on 1976 with total page 908 pages. Available in PDF, EPUB and Kindle. Book excerpt: