Dynamic pricing strategy with Time-of-Use (TOU) scheme in electricity pricing for household consumers in Indonesia : a systematic literature review

Dynamic pricing strategy is a well-known method for utility pricing used in many parts of the world and is rapidly growing in trend due to its ability to adjust utility pricing to the utmost real-time calculations. One such method is what we call Time-of-Use (TOU), a strategy that adjusted pricing using the off-peak and on-peak demand. This strategy is usually presented in a daily time period whereas the adjustments of TOU pricing have been predetermined, most notably by the provider of utility. This paper presents systematic literature review about implementation of TOU, challenge in implementation of TOU, and potential use of TOU for household customer in Indonesia. In this review, we look for any research gaps that can be found surrounding this topic to be further addressed on any following research. We also look for the driver and barriers for implementing our focus review.